Neustar (NSR) to go private in $2.9 billion deal
Source: Domainnamewire.com
Deal comes ahead of revenue plunge due to losing lucrative contract. Domain name and marketing analytics company Neustar (NYSE: NSR) has entered into a deal to be acquired by private equity firm Golden Gate Capital in a transaction valued at approximately $2.9 billion, including debt. The deal comes at a pivotal time for the company, which is about to lose its $500-million-a-year Number Portability Administration Center (NPAC) contract with the U.S. government. It has been on an acquisition binge to…
Neustar (NSR) to go private in .9 billion deal