According to WSJ, Nielsen Holdings (NLSN) seeking strategic alternatives

  • August 12, 2018

POTENTIAL DEAL DETAILS

StockNielsen Holdings plcSymbolNLSN
Date Announced08/12/2018Source The Wall Street Journal
TypeCompany Seeking Strategic Alternatives

Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC (NLSN) and plans to push the TV-ratings company to sell itself.

Update(s):

September 12, 2018: Nielsen Holdings Plc (NLSN) will expand a review of strategic alternatives to include a sale of the entire TV ratings company, the firm told Reuters on Tuesday, after coming under pressure to do so from hedge fund Elliott Management Corp.

September 26, 2018: Nielsen Holdings Plc (NLSN), the consumer-data giant weighing a sale under pressure from an activist investor, has drawn interest from suitors including Blackstone Group LP (BX) and the Carlyle Group LP (CG), according to people familiar with the matter.

October 09, 2018: A group of large institutional investors has clubbed together to explore a bid for Nielsen (NLSN), amid pressure from an activist investor on the US market research company with an enterprise value of roughly $17bn, according to three people with knowledge of the matter.

November 29, 2018: Madison Dearborn has joined the pack of buyout firms exploring a bid for all or part of Nielsen (NLSN), setting the stage for a takeover battle that may reward the US market research company’s new boss with millions of dollars for just a few months’ work.

February 08, 2019: A private equity consortium led by Blackstone Group LP (BX) and Hellman & Friedman LLC and a group that includes Advent International and Goldman Sachs Group Inc’s buyout arm have advanced to the second round of bidding for Nielsen Holdings Plc (NLSN), people familiar with the matter said on Friday.

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