Arbitron Shareholders OK Nielsen Takeover
- by Joe Mandese @mp_joemandese, April 16, 2013
Most (98.99% of the shares voting and 77.1% of total outstanding shares) of Arbitron's shareholders voted today to approve its acquisition by Nielsen.
The $48 per
share cash offer, is pending regulatory approval, and is currently in a second review by the Federal Trade Commission, though Arbitron and Nielsen reportedly are poised to strike a consent decree that
would include their willingness to license Arbitron's portable people meter technology to other companies.
