Nielsen Holdings Shares Jump 20% After $16 Billion Acquisition Deal
March 29 2022 - 1:47PM
Dow Jones News
By Stephen Nakrosis
Shares of Nielsen Holdings PLC spiked 20% higher Tuesday,
following news the company agreed to be acquired by a group of
private-equity firms.
The $16 billion deal would see the group, which is led by Elliot
Management Corp.'s private-equity arm and Brookfield Asset
Management Inc., pay $28 per share for Nielsen.
Nielsen's stock hit a 52-week high of $28.42 a share on May 10
of last year.
At 1:08 p.m. ET, Nielsen's shares jumped 20.91% to $26.85.
Volume at the time topped 72.9 million shares, above the stock's
65-day average volume of just under 6 million shares.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 29, 2022 13:32 ET (17:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Brookfield Asset Managem... (NYSE:BAM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Brookfield Asset Managem... (NYSE:BAM)
Historical Stock Chart
From Sep 2023 to Sep 2024
