Nielsen jumps 6.2% on word P-E sale is close

|About: Nielsen Holdings plc (NLSN)|By:, SA News Editor

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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