Oppenheimer Maintains Perform on NeuStar

Oppenheimer reiterates its Perform rating on NeuStar

as the company announces final results on its modified Dutch auction tender offer. Oppenheimer says, “On 12/8, NSR announced the final results of its modified "Dutch auction" tender offer for the purchase of up to $250 million in value of its Class A common stock, which expired at 12:00 midnight, New York City time, on the night of Friday, December 2, 2011. Neustar accepted for purchase 7,246,376 shares of its Class A common stock at the final purchase price of $34.50 per share, for an aggregate cost of approximately $250.0 million, excluding fees and expenses relating to the tender offer.” NSR closed at $$33.39 per share on Friday.