Cannae Holdings, Inc. (CNNE) Tops Q4 EPS by 38c
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Cannae Reports Fourth Quarter 2019 Results
February 21, 2020 6:25 AM ESTLAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae" or the "Company") today reported operating results for the three and twelve-month periods ended December 31, 2019.
Cannae successfully continues its plan of rationally monetizing legacy investments, making new investments, nurturing its core portfolio companies, and adding to our liquidity for future investment.
Highlights
On November 14, 2019, Cannae received net proceeds of $265.4 million and recorded a gain of $188.8 million upon the closing of its sale of 5,000,000 shares of common stock of Ceridian HCM Holding... More