Cannae Holdings, Inc. (CNNE) Tops Q1 EPS by 7c

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Go back to Cannae Holdings, Inc. (CNNE) Tops Q1 EPS by 7c

Cannae Reports First Quarter 2018 Results with $1.06 Billion Book Value of Portfolio Company Investments, or $14.95 Per Share

May 9, 2018 4:20 PM EDT

LAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE: CNNE) (Cannae or the Company) today reported operating results for the three-month period ended March 31, 2018.

Highlights

On April 26, 2018, Ceridian HCM Holding Inc. (NYSE: CDAY) priced its initial public offering of 24,150,000 shares (including a greenshoe option) at $22.00 per share Concurrent with the IPO, Cannae participated in a private placement to purchase 1,521,030 shares of CDAY common stock at the IPO price, representing an aggregate investment of $33.4 million Following... More