NIELSEN BOARD DISCLOSES PROPOSAL FROM CONSORTIUM TO ACQUIRE COMPANY; REJECTS PROPOSAL FOLLOWING EXTENSIVE REVIEW AND SHAREHOLDER OPPOSITION
Summary
As Nielsens 2021 financial results demonstrate, the Company is achieving strong revenue growth while making significant progress in new product development and MRC reaccreditation. The Company also remains on track to deliver Nielsen ONE – a transformative cross-media solution that will evolve the metrics underpinning the more than $100 billion video advertising ecosystem – in 2022. "We continue to have strong confidence in the management team and Nielsens strategy to create long-term value for shareholders," said James A. Attwood, Chairperson of the Board. Further reflecting our confidence in the Company, we plan to commence share repurchases, which we expect to be an important element of our ongoing balanced capital allocation strategy." This communication includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.
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