NewsMV
The $13.60-per-share cash merger bid for DV is in focus after Neptune BidCo US Inc., the parent company of Nielsen Company (US), LLC, signed an Agreement and Plan of Merger with DoubleVerify Holdings, Inc.
Under the deal, DoubleVerify would become a wholly owned subsidiary of Neptune BidCo, and DV shares would be pulled from the New York Stock Exchange.
The next confirmable milestone is a vote by DoubleVerify's stockholders. The deal structure Wallace Merger Sub Inc., a wholly owned Delaware subsidiary of Neptune BidCo US Inc., is the merger vehicle.
Merger Sub merges with and into DoubleVerify, with DoubleVerify continuing as the surviving corporation.
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