SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
December 2, 2020
CANNAE HOLDINGS, INC.
(Exact name of Registrant as Specified in its Charter)
(Commission File Number)
|(State or Other Jurisdiction of |
Incorporation or Organization)
| ||(IRS Employer Identification Number)|
1701 Village Center Circle
Las Vegas, Nevada 89134
(Addresses of Principal Executive Offices)
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|☐||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|☐||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|☐||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|☐||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Securities registered pursuant to Section 12(b) of the Act:
|Title of Each Class||Trading Symbol|| ||Name of Each Exchange on Which Registered|
|Cannae Common Stock, $0.0001 par value||CNNE||New York Stock Exchange|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
|Item 5.02.|| |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 2, 2020, Cannae Holdings, Inc. (the “Company” or “Cannae”) announced that Brent B. Bickett will transition from his role as President of the Company to a role as a Senior Advisor to the Company on December 31, 2020.
On December 2, 2020, the Company issued a press release announcing Mr. Bickett’s transition. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
|Item 9.01.|| ||Financial Statements and Exhibits.|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| || || || || |
Cannae Holdings, Inc.
|Date:||December 2, 2020||By: ||/s/ Michael L. Gravelle|| |
| || ||Name: ||Michael L. Gravelle|| |
| || ||Title: ||Executive Vice President, General Counsel, and Corporate Secretary|| |
/ LAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE:CNNE) today announced that Brent B. Bickett will transition from his role as President of the Company to a role as a Senior Advisor to Cannae effective December 31, 2020. “Brent has been the M&A leader for many of the companies I have been involved with over the past 21 years,” commented Chairman William P. Foley II. “I would like to thank Brent for his service to Cannae and I look forward to continuing to work with Brent in his new role.” Brent Bickett added, “It has been an honor working with Bill on M&A transactions for the past 21 years. The journey has been incredibly fulfilling both professionally and personally and I look forward to continuing to assist Bill and the Cannae team on certain existing investments while also having the opportunity to pursue independent investment opportunities.” About Cannae Holdings, Inc. Cannae Holdings, Inc. (NYSE: CNNE) is engaged in actively managing and operating a group of companies and investments, as well as making additional majority and minority equity portfolio investments in businesses, in order to achieve superior financial performance and maximize the value of these assets. Cannae was founded and is led by investor William P. Foley, II. Foley is responsible for the creation and growth of over $100 Billion in publicly traded companies including Fidelity National Information Services (“FIS”), Fidelity National Financial (“FNF”), and Black Knight, Inc. (“BKI”). Cannae’s current principal holdings include Dun & Bradstreet Holdings, Inc. (“DNB”), which recently completed a successful business transformation and IPO. Cannae holds an approximately 18% interest in Dun & Bradstreet or ~76 million shares. Cannae’s second principal holding is Ceridian (“CDAY”), which Foley transformed from a legacy payroll bureau into a leading cloud based provider of human capital management software. Cannae owns approximately 9.5% of Ceridian representing ~14 million shares. Contacts Jamie Lillis, Managing Director, Solebury Trout, 203-428-3223, firstname.lastname@example.org Shannon Devine, VP, Solebury Trout, 203-428-3228, email@example.com Source: Cannae Holdings, Inc. Cannae Holdings, Inc. Announces Transition of Brent B. Bickett to Senior Advisor