NLSN - Nielsen receives no offers in go-shop period

Nielsen (NYSE:NLSN) disclosed that it received no offers in its 45-day go shop period even as its biggest holder continues to argue that its worth well north of the $28/share it agreed to in a deal with Elliott and Brookfield Asset Management (NYSE:BAM). Nielsen shares fell  Nielsen (NLSN) representatives contact overed 30 parties, including a mix of financial and strategic potential bidders, according to a statement. Of the parties contacted, one private equity firm executed a non-disclosure agreement with NLSN, though as of end of the "go-shop," no alternative offers were made. The Nielsen news comes as as Nielsen's largest holder WindAcre, which 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 receives no offers in go-shop period