Cannae holdings & senator investment group submit proposal to acquire corelogic

Cannae holdings and senator investment group submit proposal to acquire corelogic.cannae holdings - sent letter to board outlining proposal to acquire corelogic for $65.00 per share in cash.cannae holdings - proposal represents about $7 billion in total enterprise value.cannae holdings - expects to finance transaction with equity investment in amount of about $3.6 billion & third-party debt financing.cannae holdings - disappointed to see corelogic take unusual step of raising quarterly guidance five days before end of quarter.
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