NLSN - Nielsen ticks higher amid NYSE delisting notice for sale to Elliott Brookfield
- Nielsen Holdings ( NYSE: NLSN ) ticked up 0.4% amid a NYSE delisting notice that indicated NLSN shares would be suspended Oct. 12 due its planned sale to Elliott Management and Brookfield Business Partners.
- Nielsen ( NLSN ) last month received shareholder approval of a deal to be acquired by a private-equity consortium in a transaction valued at $16B including debt.
- The company cleared the way to rescheduled meetings to vote on the deal following an agreement with shareholder WindAcre whereby WindAcre would join the purchasing consortium .
- Editors note: Corrects to indicate its an NYSE delisting notice.
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Nielsen ticks higher amid NYSE delisting notice for sale to Elliott, Brookfield