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 Send to email | Market Research Firm TNS Rejects Fifth Bid From WPP in General |  By Silicon
el 09-Jul-2008 | London-based market research firm TNS rejected a fifth bid from ad conglomerate WPP, and in a weird twist, said it had also terminated a planned merger with German research firm GfK, the WSJ reports. WPP's latest bid for TNS -- this one hostile -- was a cash-and-stock deal worth $2.13 billion.
But TNS said WPP's latest bid, like the others before it, "substantially undervalues" the company. Meanwhile, GfK says it is pursuing a second all-cash bid for TNS, rather than the all-stock deal that was dropped. Negotiations are at an early stage, the company says, but claims it has received "a strong indication of interest" in the transaction.
See Also:
TNS Rejects WPP Offer; Nielsen Next?
TNS Grabs Compete For $75 Million Plus $75 Million Earnout
TNS Takes On Nielsen's TV Ratings Franchise
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| Market Research Firm TNS Rejects Fifth Bid From WPP | | London-based market research firm TNS rejected a fifth bid from ad conglomerate WPP, and in a weird twist, said it had also terminated a planned merger with German research firm GfK, the WSJ reports. WPP's latest bid for TNS -- this one hostile -- was a cash-and-stock deal worth $2.13 billion.
But TNS said WPP's latest bid, like the others before it, "substantially undervalues" the compa [..] Read complete article | | Published 09-Jul-2008 by Silicon in General
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| TNS Rejects WPP Offer; Nielsen Next? | | TNS rejected a $1.87 billion offer from global ad conglomerate WPP over the weekend, setting up what looks like a bidding war for the London-based research firm. The WSJ reported that TNS is in talks with German research firm GfK; Mediapost is convinced The Nielsen Company will make a run at the firm.
TNS is relatively small in the U.S. but has big ambitions. It's making a run at Nielsen [..] Read complete article | | Published 05-May-2008 by Silicon in DTV
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
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| Proclivity Raises $5.5 Million, Takes Over SAI's Old Digs | | New York-based online market research firm Proclivity Systems raised a $5.5 million series B led by Fung Capital USA Fund and joined by WPP and Pilot Group. The new funding means Proclivity has raised $6.2 million. Even bigger news: Proclivity moved into 134 5th Avenue, the birthplace of Silicon Alley Insider and the rest of Alley Corp.
[..] Read complete article | | Published 17-Sep-2008 by Silicon in General
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
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Linux hasn't caught on in the consumer PC market, but Linux-based operating systems could take an important chunk of the mobile market, research firm ABI Research predicts.
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