IMS/VNU merger
This article was originally published in The Tan Sheet
Executive Summary
VNU is considering amending or terminating its merger agreement with IMS Health, the company says Nov. 7. The two firms agreed to the $7 bil. merger in July and expected the deal to close in early 2006 (1"The Tan Sheet" July 18, 2003, p. 9). However, Netherlands-based VNU says "shareholders claiming to represent 48% of VNU's outstanding shares [said] they would not support the transaction under any circumstances." VNU is AC Nielsen's parent company and provides consumer, marketing and media information to the healthcare industry; IMS Health focuses primarily on Rx healthcare. "Various possible alternatives" have been discussed including the deal's revision, VNU says...
|
VNU is considering amending or terminating its merger agreement with IMS Health, the company says Nov. 7. The two firms agreed to the $7 bil. merger in July and expected the deal to close in early 2006 (1 , p. 9). However, Netherlands-based VNU says "shareholders claiming to represent 48% of VNU's outstanding shares [said] they would not support the transaction under any circumstances." VNU is AC Nielsen's parent company and provides consumer, marketing and media information to the healthcare industry; IMS Health focuses primarily on Rx healthcare. "Various possible alternatives" have been discussed including the deal's revision, VNU says.... |