Dun & Bradstreet confirms takeover talks

Reuters news service reported Aug. 2 the Jacksonville-based business data firm was considering a possible sale.


  • By Mark Basch
  • | 8:57 a.m. August 5, 2024
  • | 4 Free Articles Remaining!
The Dun & Bradstreet headquarters at 5335 Gate Parkway across Butler Boulevard from St. Johns Town Center.
The Dun & Bradstreet headquarters at 5335 Gate Parkway across Butler Boulevard from St. Johns Town Center.
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Dun & Bradstreet Holdings Inc. issued a statement Aug. 5 confirming it has received interest about a possible takeover.

Reuters news service reported Aug. 2 the Jacksonville-based business data firm was considering a possible sale.

“While we do not comment on rumors or speculation, we believe it is important to note that Dun & Bradstreet has received inbound interest from third parties and has retained Bank of America to assist with those inquiries,” the company said in a news release.

The board of directors “takes seriously and evaluates all inquiries and strategic alternatives. There can be no assurance that any transaction or other alternative will result from these inquiries,” it said.

Dun & Bradstreet said it does not intend to make any further statements on the matter.

Dun & Bradstreet, which traces its history to 1841, moved its headquarters to Jacksonville in 2021, acquiring the 218,700-square-foot Town Center Two building at 5335 Gate Parkway across Butler Boulevard from St. Johns Town Center.

Reuters reported its market value is about $8 billion.

The Reuters story sent Dun & Bradstreet’s stock up as much as $2.46 to $12.75 Aug. 2, its highest level since February 2023.

The company’s statement responding to the rumors was issued before the market opened Aug. 5.

 

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