DRNO - Daily Research News
News Article no. 17257
Published May 14 2013

 

 

 

Nielsen Shareholders to Sell 35m Shares

Nielsen has issued a public offering of 35 million new shares of common stock at $35.01 each, which it says will generate nearly $1.3 billion for certain existing unnamed shareholders.

Nielsen sale could make up to $1.3bn for unnamed shareholdersIn a statement, Nielsen said that no shares are being sold by the company itself in this offering, and it will not receive any of the proceeds.

The individuals selling the shares have also granted the underwriters of the new offering - JP Morgan Securities, Citigroup, Deutsche Bank Securities, and Goldman, Sachs & Co - an option to buy an additional 5.25 million shares.

Web site: www.nielsen.com .

 

 
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