After hanging on steady 1% gains most of today, Nielsen Holdings (NYSE:NLSN) has spiked 6.2% amid chatter that it's close to a deal to sell to private equity.
That would come via a final-round bid said to be in the low-$30 range for shares, which are currently up to $25.59.
A squeeze may be on after some heavy short-sale volume.
StreetInsider says two P-E firms submitted bids.
Previously: Nielsen -9.5% amid weaker case for sale (Mar. 28 2019)
Previously: Nielsen -10% on report Blackstone's out of auction for company (Mar. 27 2019)
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