Cannae Holdings presents illustrative net asset value of $24.81 per share
CNNE•Cannae Holdings presented illustrative net asset value of $978.1 million, or $24.81 per share. Its most recent mark/cost was $942.8 million, versus net invested capital of $1.2 billion; cash and short-term investments totaled $71.4 million, compared with $47.5 million of debt.
1. Illustrative net asset value
Cannae Holdings presented illustrative net asset value of $978.1 million, or $24.81 per share. Its most recent mark/cost stood at $942.8 million, compared with net invested capital of $1.2 billion. Holding company cash and short-term investments totaled $71.4 million, compared with debt of $47.5 million.
