NLSN - Nielsen gains as proposal holder WindAcre was against approved at annual meeting (update)
Update 1:17pm: Updates to show WindAcre's holdings as of the record date for the annual meeting. Nielsen (NYSE:NLSN) rose 3% as a proposal that holder WindAcre was against passed at the company's annual meeting. WindAcre was opposed to some equity issuance proposals from Nielsen. The TV measurement company earlier said at its annual meeting for each of the items voted on, a majority of votes had been cast in favor of the resolutions and the resolutions were adopted. WindAcre had a holding of 9.6% as of the record date for the annual meeting of March 21. Nielsen's largest holder WindAcre, which now has a 27% stake, is fighting the sale of the TV measurement company to Elliott and Brookfield (BAM). WindAcre was originally opposed to Elliott and Brookfield earlier $25.40/share bid for Nielsen and said it would oppose the deal and use its efforts to block a transaction as it believed the company's intrinsic value
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Nielsen gains as proposal holder WindAcre was against approved at annual meeting (update)