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Move follows activist hedge fund Elliott Management taking an 8.4% stake and urging company to look into strategic options
The board of Nielsen Holdings PLC said Wednesday that it is open to reviewing more strategic options for the company amid activist pressure to either sell or spin off parts of it.
Last month, activist hedge fund Elliott Management said it had taken an 8.4% stake in Nielsen, valued at around $660 million at the time, and would push the company to look into strategic options including a sale, The Wall Street Journal reported.