Investor wants shake-up at billionaire sports owner Bill Foley’s company

Bill Foley. (Image: Getty)

Fri, 21 Mar 2025

By Ben Glickman Cannae, a holding company led by billionaire investor and sports owner Bill Foley, is facing pressure from Carronade Capital Management to shake up its board and sell its investments in public stocks to focus on its private holdings, such as European soccer teams, according to people familiar with the matter.The detailsCannae was spun out in 2017 from title insurance provider Fidelity National Financial, which Foley founded in 1984 and has chaired since. Carronade owns about 4.6% of Cannae, the people said, making it one of...

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