Buy-Out Firms Claim VNU

  • May 22, 2006
Valcon, the consortium of private equity firms including Kohlberg Kravis Roberts & Co. and Carlyle Group that has been trying to acquire VNU for $9.7 billion, has declared victory. The consortium said shareholders representing nearly 79 percent of VNU's stock have tendered their stake for the sale. The consortium ultimately is expected to bust up VNU and sell off its businesses, which include Nielsen Media Research, ACNielsen and various trade magazines.
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