Nielsen Holdings PLC rejected a roughly $9 billion takeover provide from a private-equity consortium, saying that it undervalues the TV-ratings firm.
The Wall Street Journal reported final week that Elliott Management Corp. was a part of a private-equity group in advanced talks to buy Nielsen for roughly $15 billion together with debt. Nielsen mentioned Sunday it wouldn’t proceed with a bid that might have valued the corporate at $25.40 a share, with out naming members of the consortium.
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