News Corp., Permira Finalize Agreement To Take DRM Firm NDS Private

Back in June, News Corp (NYSE: NWS). announced, along with PE firm Permira, plans to acquire the remaining share of DRM and conditional access firm NDS, that it did not already own. The original offer was $60 per NDS share, or $3.6 billion in total. Today the companies have announced a final agreement, valuing NDS’ NASDAQ-traded shares at $63 each. Subsequent to closure, Permira will own 51 percent of the company, with News Corp. owning the remaining 49 percent. Full details in the release.


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