Daily Research News Online

The global MR industry's daily paper since 2000

Next Billion Dollar Share Sale for Nielsen

April 27 2015

Nielsen has announced the sale of another 20-23m of its shares with another underwritten secondary offering. Shares were trading last week above $46 - a considerable rise since the last offer, in December.

Nielsen sells again - this one should raise around a billion...Valcon Acquisition Holding will offer for sale 20,000,000 shares of its common stock, pursuant to statements previously filed with the US Securities and Exchange Commission: and will grant Citigroup, the underwriter of the offering, an option to purchase another 3m shares.

In December, the consumer behavior and media tracking giant put up the same number of shares, then priced at $43.77 each. As of April 23rd 2015, the last reported sale price of Nielsen's common stock was $46.31 per share.

The company, itself online at www.nielsen.com , has filed a registration statement (including a prospectus) with the SEC for the offering (www.sec.gov ).

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

Select a region below...
View all recent news
for UK
UK
USA
View all recent news
for USA
View all recent news
for Asia
Asia
Australia
View all recent news
for Australia

REGISTER FOR NEWS EMAILS

To receive (free) news headlines by email, please register online