The Wall Street Journal

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

Investor wants shake-up at billionaire sports owner Bill Foley’s company
Bill Foley. (Image: Getty)
The Wall Street Journal
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...

More World

Trump lifts sanctions on Syria as it holds talks on diplomatic ties with Israel
World

Trump lifts sanctions on Syria as it holds talks on diplomatic ties with Israel

Foes Israel and Syria have been talking for weeks, officials say.

Oil prices fall over 6% after Iran attacks US military base
World

Oil prices fall over 6% after Iran attacks US military base

A US defence official said there were no known American casualties.

AFP 24 Jun 2025
CEO pink: This muted, dusty shade means power in the office
The Life

CEO pink: This muted, dusty shade means power in the office

In this hue, ‘I can totally own a situation,’ says one exec.