Nielsen Deal Done
Donnerstag, 10. Dezember 2009After weeks of rumors that an announcement was imminent, this time it appears to be the case: paidContent has learned that a group led by James Finkelstein and Pluribus Capital Management has acquired a half-dozen titles from Nielsen, including Billboard, The Hollywood Reporter, Adweek, Mediaweek, Brandweek and Backstage. As Rafat was first first to report, Lachlan Murdoch and his Illyria investment company were interested in the deal and he was supposed to be part of the final group. We can also report a third party is in the mix: a large fund acting as senior lender and equity provider. The announcement could come as soon as tomorrow. We have reached out to some of the parties but have not heard back.
