CNNE

Cannae Holdings, Inc. is a diversified holding company with majority and minority equity investments across multiple industries. The company owns stakes in restaurant businesses (99 Restaurants, O'Charley's), Dun & Bradstreet (business information and analytics), and Sightline Payments (gaming payments technology), along with other investments. Cannae invests in businesses where it believes it can drive value through capital allocation, operational improvements, and strategic initiatives. The company operates with a long-term investment philosophy emphasizing capital appreciation rather than quarterly earnings. Headquartered in Las Vegas, Nevada, Cannae was spun off from Fidelity National Financial in 2017 to hold non-core assets and pursue diversified investments. The company is controlled by William P. Foley II, a successful serial entrepreneur and investor. Cannae faces execution risks across diverse portfolio companies, capital allocation challenges, and the need to demonstrate value creation in its investments. The company benefits from experienced management, patient capital, and flexibility to pursue opportunistic investments. Cannae continues to manage its portfolio companies, make new investments, and optimize capital allocation to create long-term shareholder value through its diversified holding company structure.