Cannae Holdings, Inc. Announces Completion of Recapitalization Agreement of AmeriLife® with Thomas H. Lee Partners
Cannae Holdings, Inc. (CNNE)
Last cannae holdings, inc. earnings: 11/12 06:25 am
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Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae”) today announced that AmeriLife Group, LLC (“AmeriLife”), the national leader in marketing and distributing life, health, and retirement solutions, has completed the previously announced agreement with an investor group led by Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, Cannae Holdings, Inc. and certain THL limited partners, effective March 18, 2020. THL acquired a majority stake from J.C.Flowers & Co., LLC (“J.C. Flowers”), a leading private investment firm dedicated to investing globally in the financial services industry, and other investors.As part of the transaction, the Board of Directors under J.C. Flowers retires effective immediately, including the chairman, Timothy O. North. Tim provided decades of leadership and innovation for the company, as the CEO until his retirement in January 2017, and then as Chairman of the Board of Directors. Scott R.
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- Cannae Holdings, Inc. (NYSE: CNNE) had its price target raised by analysts at Royal Bank of Canada from $26.00 to $27.00. They now have an "outperform" rating on the stock.MarketBeat
CNNE
Earnings
- 11/12/24 - Beat
CNNE
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- CNNE's page on the SEC website