NLSN - Nielsen jumps on report of sales talks with Elliott other P-E firms

Nielsen Holdings (NYSE:NLSN) has been quickly halted alongside a 2.8% jump in the stock, following a WSJ report that a private-equity consortium including Elliott Management is in advanced talks to buy the ratings giant. That deal is centering on an amount of about $15 billion including debt. Nielsen has a market capitalization of $6.2 billion but a debt load of more than $5 billion brings its enterprise value somewhere north of $11 billion. A particular share price in the deal wasn't immediately clear, though. The consortium is making progress on financing talks with a number of banks, meaning a deal could be wrapped up within weeks, according to the report.

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Nielsen jumps on report of sales talks with Elliott, other P-E firms