New York – Media audience measurement firm The Nielsen
Company (NYSE: NSLN) raised roughly $1.6 billion in its initial public offering on Wednesday. The company’s shares were priced at
$23, above its previously announced range of $20 to $22, and were up over 10.5%
in trading.
Nielsen is owned by a group of private equity firms that includes
Blackstone Group, Carlyle Group, KKR and Thomas H. Lee Partners.
The firms
acquired Nielsen in 2006 in a deal valued at $11.4 billion.
Related Links:
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(Bloomberg)
