VNU EXTENDS OFFER FOR ACNIELSEN; COMPLETES TWO ACQUISITIONS.VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User (Haarlem, Neth.) is extending its offer to purchase the outstanding shares of common stock of ACNielsen Corp. (Stamford, CT) for $36.75 per share until Feb. 6. The offer had previously been scheduled to expire on Jan. 23. VNU also said that it had satisfied the requirements of the Hart-Scott-Rodino Antitrust Improvements Act The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (Public Law 94-435, known commonly as the HSR Act) is a set of amendments to the antitrust laws of the United States, principally the Clayton Antitrust Act. The HSR Act was signed into law by President Gerald R. of 1976, the Central Workers' Council and the European Commission pursuant to the EU Merger Control Regulation. In related news, VNU Business Publishing Europe, through its Business Publications Italia unit (Milan), has acquired the assets of Gruppo Pubblicita Italia (GPI (Graphical Programming Interface) A graphics language in OS/2 Presentation Manager. It is a derivative of the GDDM mainframe interface and includes Bezier curves. ; Milan). The acquired company, which had 2000 revenues of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3.2 million, produces publications and events for the advertising, marketing and media industries. GPI produces the weekly Pubblicita Italia, the monthly Pubblicita Italia Net, the daily newsletter Today Pubblicita Italia and the yearbooks and directories "Guida Agenzie," "Guida Marketing," "Media Book Italia," and a "Who's Who" for the Italian telecom industry. The company also produces an annual awards show. VNU said the purchase is consistent with its strategy of establishing market leading positions in selected sements of the market for professional information. VNU Business Publications Italia currently produces publications for a varaiety of major sectors. The company publishes Computer Idea, Network News, CRN CRN Computer Reseller News CRN Crown CRN Council for Responsible Nutrition CRN Crane CRN Community Recycling Network CRN Course Reference Number CRN Center for Responsible Nanotechnology CRN Cornish (SIL code, UK) and PC Magazine for the IT/computer sector as well as Automazione Oggi, Elettronica Oggi and Rivista di Meccanica Oggi. Also, VNU Marketing Information (New York) has acquired the 40% interest in Entertainment Marketing Information Services (EMIS EMIS Education Management Information System EMIS Energie en Milieu Informatiesysteem voor het Vlaamse Gewest (Belgium) EMIS European Mathematical Information Service EMIS Egton Medical Information Systems ; White Plains, NY) it did not already own. No terms of the deal were given. EMIS was formed in 1998 in a partnership between VNU Marketing and SoundScan, Inc. (New York) with VNU receiving a 60% interest. At the time, both companies agreed that VNU would acquire full ownership of EMIS. EWES EWES East-West Essence Society (Santa Ana, CA, USA) EWES Electronic Warfare Environmental Simulator tracks and reports retail sales of audio and video entertainment products and book sales, and supplies sales information to the entertainment and publishing industries. Units include SoundScan, VideoScan, and BookScan. |
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