Nielsen Holdings (NLSN) Rejects $25.40/sh Acquisition Proposal
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NIELSEN BOARD DISCLOSES PROPOSAL FROM CONSORTIUM TO ACQUIRE COMPANY; REJECTS PROPOSAL FOLLOWING EXTENSIVE REVIEW AND SHAREHOLDER OPPOSITION
March 20, 2022 8:05 PM EDTNielsen Board remains highly confident in the Company's standalone prospects
Large shareholder WindAcre informed Nielsen and the Consortium of its ability and intention to acquire a blocking position to prevent shareholder approval of proposed transaction
Nielsen intends to commence share repurchases when the Company's trading window opens
NEW YORK, March 20, 2022 /PRNewswire/ -- Nielsen Holdings plc (NYSE: NLSN, "Nielsen" or the "Company") today announced that its Board of Directors ("Board") has determined not to proceed with an unsolicited acquisition... More
