David Kenny, incoming Nielsen Holdings CEO, discuss his outlook for the company as it deals with pressure from activist investor firm Elliott Management.
Nielsen Holdings will explore strategic alternatives including a sale, the TV ratings company told Reuters in a statement on Tuesday, after coming under pressure to do so from hedge fund Elliott Management.
Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale.
Many Hispanics are venturing out only to buy essential goods and are cutting back on discretionary spending, worried about harassment by immigration or law enforcement officials.