Nielsen takeover receives regulatory approval
The deal, which is worth $28 a share and is all-cash transaction, including assumption of debt, was announced in March following a meeting of Nielsen’s board of directors.
Two meetings will be held on 9th August 2022 to determine whether the sale is completed, one of which is a court meeting convened at the High Court in England and Wales where shareholders will vote to approve the proposed transaction.
The court meeting will be followed with a special meeting, where shareholders will vote on related proposals on the proposed transaction, as well as over the compensation to be paid to Nielsen’s named executive officers.
Nielsen has filed and will file relevant materials with the US Securities and Exchange Commission to allow the transaction to be completed.
Evergreen Coast Capital Corporation is an affiliate of Elliott Investment Management LP and Brookfield Business Partners LP.
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