Cannae Holdings, Inc. Agrees to Sell Brasada Ranch to a Company Owned by William P. Foley, II in Exchange for Termination of Mr. Foleys Put Right
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, Cannaes Vice...