DoubleVerify Discloses Termination Fee Of $144M To Be Paid By Nielsen In Even Acquisition Is Not Consummated
The Merger Agreement contains certain customary termination rights for the Company, on the one hand, and Parent, on the other hand, including that, subject to certain limitations, the Company or Parent may terminate the
Nielsen agreed to pay DoubleVerify $144 million if their deal to combine companies falls apart. When big companies agree to merge, they promise money if it doesn't happen—this shows Nielsen is serious about the deal.
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