Why Nielsen Holdings Shares Are Surging

Nielsen Holdings PLC NLSN shares are surging Monday following a Wall Street Journal report indicating a consortium of private-equity firms including Elliott Management is in advanced talks to acquire the company in a deal valued around $15 billion.

The report, citing people familiar with the matter, suggests that negotiations are progressing and a takeover deal could be completed within weeks. 

Nielsen shares popped more than 40% following the report.

Nielsen operates as a media and content ecosystem provider and offers audience measurement, data and analytics services.

See Also: Why Alibaba, Nio And Other Chinese Stocks Are Falling Today

NLSN 52-Week Range: $16.02 - $28.42

Nielsen shares were up 40.6% at $24.61 at time of publication. 

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