Nielsen board discloses proposal from consortium to acquire company; rejects proposal following extensive review and shareholder opposition

Nielsen 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 proposal from a private equity consortium ("consortium") that valued the company at $25.40 per share. the board reached this determination based on its comprehensive review of the proposal, with the assistance of its independent financial and legal advisors, and discussions with the windacre partnership llc ("windacre") under a confidentiality agreement.
NLSN Ratings Summary
Quant
NLSN Quant Ranking
Sector
Industry
Quant Rating
Quant Score