Cannae Holdings, Inc. Announces Dun & Bradstreet’s Closing of Initial Public Offering and Exercise in Full of Option to Purchase Additional Shares
Cannae Holdings, Inc. (NYSE:CNNE) (Cannae) today announced that Dun & Bradstreet Holdings, Inc. (Dun & Bradstreet), a Cannae portfolio company, closed the previously announced initial public offering of 90,047,612 shares of common stock, which includes 11,745,340 shares of common stock issued pursuant to the exercise by the underwriters of their option to purchase additional shares in full.
- Cannae Holdings, Inc. (NYSE:CNNE) (Cannae) today announced that Dun & Bradstreet Holdings, Inc. (Dun & Bradstreet), a Cannae portfolio company, closed the previously announced initial public offering of 90,047,612 shares of common stock, which includes 11,745,340 shares of common stock issued pursuant to the exercise by the underwriters of their option to purchase additional shares in full.
- Dun & Bradstreets shares of common stock began trading on the New York Stock Exchange under the ticker symbol DNB on July 1, 2020.
- Dun & Bradstreet intends to use the remaining net proceeds as set forth in the prospectus relating to the initial public offering.
- William Blair, Raymond James, Stephens Inc., Academy Securities and Loop Capital Markets acted as co-managers for the offering.