CNNE: Selling at a discount to the value of the underlying assets. Own 27% of Ceridian (CDAY) which was a recent IPO....that stake now worth more than the value of CNNE itself. Their most recent acquisition was T-System which they purchased for $200 million. Also own several restaurant businesses and as of the last CC had $100+ million in cash.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.