Nielsen Holdings N.V., which owns the Outdoor Retailer and Interbike shows, announced that a secondary public offering of its common stock has been priced at $30.25 per share. An aggregate of 30 million shares are being sold by certain existing shareholders.
No shares are being sold by the company in this offering, and it will not receive any proceeds from the offering. In addition, the selling shareholders have granted the underwriters of the offering an option to purchase an additional 4.5 million shares at the public offering price less the underwriting discount.
J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the joint bookrunning managers of the offering and representatives of the underwriters. Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman, Sachs & Co. and Wells Fargo Securities, LLC are also bookrunning managers of the offering.