An Elliott Management Corp. and Brookfield Asset Management Inc. led consortium agreed to acquire Nielsen Holdings PLC. for $28 a share. The all-cash transaction valued Nielsen at $16 billion, including debt. The offer price implied a 60 percent premium over Nielsen’s unaffected stock price as of March 11, before market speculation regarding a potential takeover. Nielsen shares closed at $22.21 on March 28. Nielsen recently dumped a takeover offer of $25.40 per share from a private equity consortium valuing Nielsen at $9 billion. Nielsen aborted share buybacks previously approved by the board. By Anusuya Lahiri © 2022 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.
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