In non-Google or YouTube related news, VNU, the owner of
Adweek,
The Hollywood Reporter and Nielsen's family of media-research companies, yesterday bought out the remaining stake in
Internet market research firm NetRatings, Inc. The Dutch holding company already owns 60.5 percent of the New York-based firm, which monitors Internet traffic under the combined brand
Nielsen/NetRatings. VNU offered to pay $16 per share to acquire the minority interest of NetRatings, which has about 36 million shares outstanding. VNU is owned by a group of private-equity investors,
including Blackstone Group, Carlyle Group and Kohlberg Kravis Roberts & Co. Shares of NetRatings rose 16 percent on the news to $16.91 in 4 p.m. composite trading. It's unclear whether the full
acquisition of NetRatings will affect the Internet media company's brand name.
advertisement
advertisement
Read the whole story at The Wall Street Journal (by subscription) »