Nielsen Holdings PLC. abandoned a takeover offer from a private equity consortium, saying it significantly undervalued the company. The offer price of $25.40 per share, roughly $9 billion, compares to Nielsen’s March 18 closing price of $24.44. Nielsen looked to commence share buyback under its previously approved $1 billion authorization. Nielsen’s leading shareholder Windacre Partnership LLC. supported…
Nielsen Rejects $9 Billion Takeover Offer From Private Equity, Shares Drop
Germany Calls Nuclear Power ‘Dangerous,’ Rejects EU Plan
BERLIN—The German government said Monday that it considers nuclear energy dangerous and objects to European Union proposals that would let the technology remain part of the bloc’s plans for a climate-friendly future. Germany is on course to switch off its remaining three nuclear power plants at the end of this year and phase out coal…
Amazon Warehouse Workers Reject Union Drive in Majority Vote
Efforts to unionize Amazon warehouse workers in Alabama were unofficially defeated on Friday by a more than 2-to-1 margin with more than half of the ballots counted. So far, over 1,700 voted against forming a union, with nearly 700 ballots in favor. A simple majority is needed for victory, but both sides have the right…
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