NLSN - Nielsen soars 21% after WindAcre reaches agreement with consortium

• Nielsen Holdings ( NYSE: NLSN ) jumped 21% in premarket trading after holder Windacre reached an agreement with the consortium buying the tv/Internet ratings measurement company.
• Under the preliminary agreement, WindAcre would join the Consortium with respect to a portion of its shares and would receive $28 per share – the same price to be paid to all other shareholders – for its remaining shares, according to a statement. WindAcre came to an agreement with the Elliott Investment affiliate Evergreen Coast Capital and and Brookfield Business Partners ( NYSE: BBU ).
• Following the preliminary agreement with WindAcre, the court meeting and special shareholder meeting scheduled for Tuesday has been postponed.
• The agreement with WindAcre is a crucial one as closure of Nielsen takeover has faced resistance for months from Nielsen's largest holder WindAcre, which has said it plans to block the merger.
• Nielsen ( NLSN ) in late March agreed to a $16B sale of the TV/Internet measurement company to a private equity consortium.

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