Cannae holdings, inc. announces termination of previously announced $75 million forward purchase agreement and new equity backstop commitment of up to $200 million in trebia acquisition corp. and system1 business combination

Las vegas--(business wire)--cannae holdings, inc. (nyse:cnne) (“cannae” or the “company”) today announced that the company, in conjunction with the announced trebia acquisition corp. (nyse: treb, treb ws) (“trebia”) and system1 (“system1”) business combination, has terminated its previously announced $75 million forward purchase agreement and agreed to an equity backstop commitment of up to $200 million in the combined company with 50% of this commitment being applied against the first $200 mil
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