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Stock impact report

Cannae Holdings, Inc. Announces Ceridian’s Launch of Secondary Public Offering

Cannae Holdings, Inc. (CNNE) 
Last cannae holdings, inc. earnings: 11/12 06:25 am Check Earnings Report
US:NYSE Investor Relations: cannaeholdings.com
Company Research Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that Ceridian HCM Holding Inc. (“Ceridian”), a Cannae portfolio company, announced that certain stockholders of Ceridian (the “Selling Stockholders”) intend to offer 11,000,000 shares of Ceridian’s common stock, par value $0.01 per share (the “Common Stock”), in an underwritten public offering. As part of the offering, Cannae intends to sell approximately 3,800,000 shares. In addition, the Selling Stockholders intend to grant the underwriters of the offering an option, exercisable within 30 days from the date of the final prospectus relating to the offering, to purchase up to an additional 1,650,000 shares of Common Stock, of which Cannae’s portion is approximately 600,000 shares, at the public offering price, less underwriting discounts and commissions. The offering consists entirely of secondary shares to Show less Read more
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