Cannae Signs Deal To Sell 87% Stake In Brasada Ranch To Its Vice Chairman's Co. For ~$40M
Cannae Holdings, Inc. (NYSE: CNNE ) ("Cannae" or the "Company") today announced that it has entered into an agreement to sell its 87% ownership interest in Brasada Ranch ("Brasada"), a destination resort located in Powell Butte, Oregon, to a company owned by William P. Foley, II, Cannae’s Vice Chairman, in exchange for