Cannae holdings, inc. announces expected use of at least $460 million for share repurchases, dividends, and debt repayment

Las vegas--(business wire)--cannae holdings, inc. (nyse: cnne) (“cannae” or the “company”) today announced that it plans to use at least $460 million, from the proceeds of the recently announced sale of dun & bradstreet (“dnb”), to repurchase shares of its common stock, pay future quarterly dividends, and retire existing debt. as a result, cannae would utilize at least 72% of its expected dnb sale proceeds as a capital return to shareholders and as debt repayment. the company expects to rep.
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