Cannae Holdings, Inc. acquired an unknown minority stake in JANA Partners Capital, LLC and JANA Partners Management, LP from Barry Rosenstein, Scott Ostfeld, Kevin Galligan, Jennifer Fanjiang, David DiDomenico and related entities for $56 million.
February 20, 2024
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Cannae Holdings, Inc. (NYSE:CNNE) acquired an unknown minority stake in JANA Partners Capital, LLC and JANA Partners Management, LP from Barry Rosenstein, Scott Ostfeld, Kevin Galligan, Jennifer Fanjiang, David DiDomenico and related entities for $56 million on February 21, 2024. The strategic partnership includes a minority equity ownership exchange whereby the Company received a minority stake in JANA directly from its principals in exchange for 1.85 million shares of Cannae common stock and $18.3 million of cash.
Cannae Holdings, Inc. (NYSE:CNNE) completed the acquisition of an unknown minority stake in JANA Partners Capital, LLC and JANA Partners Management, LP from Barry Rosenstein, Scott Ostfeld, Kevin Galligan, Jennifer Fanjiang, David DiDomenico and related entities on February 21, 2024.
Cannae Holdings, Inc. is a diversified holding company, which is engaged in acquiring interests in operating companies and are actively engaged in managing and operating a core group of those companies. The Company operates through its wholly owned subsidiary, Cannae Holdings, LLC (Cannae LLC). Its segments include Restaurant Group, Dun & Bradstreet (D&B), Black Knight Football and Entertainment (BKFE), Alight, and Corporate and Other. Its Dun & Bradstreet segment offers business decisioning data and analytics and support its clientâs mission critical business operations by providing proprietary and curated data. Alight segment provides cloud-based integrated digital human capital and business solutions. BKFE is focused on building a global network of world-class football clubs, players, and real estate assets that will produce operational synergies, accelerate player development. Restaurant Group segment consists of its operations of O'Charley's and 99 Restaurants.
Cannae Holdings, Inc. acquired an unknown minority stake in JANA Partners Capital, LLC and JANA Partners Management, LP from Barry Rosenstein, Scott Ostfeld, Kevin Galligan, Jennifer Fanjiang, David DiDomenico and related entities for $56 million.
CANNAE HOLDINGS, INC. 
