Benzinga | May 21, 2021 07:47AM EDT

Cannae Holdings, Inc. Announces Sale Of 2M Shares Of Ceridian Common Stock At $87.50/Share

Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced the sale of 2,000,000 shares of common stock of Ceridian HCM Holding Inc. ("Ceridian"), a Cannae portfolio company, at a price of $87.50 per share, pursuant to Rule 144 of the Securities Act of 1933, as amended. Cannae anticipates that the gross proceeds from the sale will be $175,000,000.