DRNO - Daily Research News
News Article no. 20783
Published April 27 2015

 

 

 

Next Billion Dollar Share Sale for Nielsen

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 ).

 

 
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