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Nielsen Reports 1st Quarter 2021 Results

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Nielsen Reports 1st Quarter 2021 Results
May 6, 2021 GMT
NEW YORK, May 6, 2021 /PRNewswire/ Today, Nielsen Holdings plc (NYSE: NLSN) announced its results for the quarter ended March 31, 2021. These results reflect the March 5, 2021 sale of the Global Connect business for $2.4 billion in net proceeds, which resulted in a $542 million preliminary gain on sale, net of taxes, recognized in the quarter. Of the net proceeds, $2.28 billion were used for debt reduction in March and April 2021. Beginning in the first quarter of 2021, Global Connect results were reclassified to discontinued operations for all periods presented. ....

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MedMen Reports Second Quarter Fiscal Year 2021 Financial Results

MedMen Reports Second Quarter Fiscal Year 2021 Financial Results
“MedMen” or the
“Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, today released its consolidated financial
results for its second quarter fiscal 2021 ending December 26, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
“This past quarter was one of continued progress. We have continued to add depth to an already strong management team, we have maintained the support of our capital partners, and we continue to
outpace the cost-cutting outlined in our turnaround plan,” said Tom Lynch, Chairman and Chief Executive Officer of MedMen. “Our company revenue growth temporarily slowed due to retail restrictions ....

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MedMen Reports Second Quarter Fiscal Year 2021 Financial Results

MedMen Reports Second Quarter Fiscal Year 2021 Financial Results
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