Dun & Bradstreet Enters Into a Definitive Agreement

Dun & Bradstreet Enters Into a Definitive Agreement to Be Acquired by Investor Group Led by CC Capital, Cannae Holdings and Thomas H. Lee Partners

Dun & Bradstreet DNB, -0.19% (the “Company”), the global leader in commercial data, analytics and insights for businesses, today announced that it has entered into a definitive merger agreement to be acquired by an investor group (the “Investor Group”) led by CC Capital, Cannae Holdings and funds affiliated with Thomas H. Lee Partners, L.P. (“THL”), along with a group of other distinguished investors.

Under the terms of the agreement, which has been unanimously approved by Dun & Bradstreet’s Board of Directors, Dun & Bradstreet shareholders will receive $145.00 in cash for each share of common stock they own, in a transaction valued at $6.9 billion including the assumption of $1.5 billion of Dun & Bradstreet’s net debt and net pension obligations.

The purchase price represents a premium of approximately 30% over Dun & Bradstreet’s closing share price of $111.63 on February 12, 2018, the last day of trading prior to Dun & Bradstreet’s announcement of a strategic review and an indication of its willingness to consider all options for value creation.

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By | 2018-08-13T11:52:02+00:00 August 13th, 2018|News|0 Comments

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