Nielsen Rejects $9 Billion Takeover Offer From Private Equity, Shares Drop

Nielsen Rejects $9 Billion Takeover Offer From Private Equity, Shares Drop
The Nielsen logo is seen at the company's building in Espoo, Finland in February 2011. Google Maps/Screenshot via The Epoch Times
Benzinga
Updated:

Nielsen Holdings PLC.  abandoned a takeover offer from a private equity consortium, saying it significantly undervalued the company.

The offer price of $25.40 per share, roughly $9 billion, compares to Nielsen’s March 18 closing price of $24.44.