Arbitron said shareholders approved the company’s agreement to...
Arbitron said shareholders approved the company’s agreement to be bought by Nielsen. “Approximately 98.99 percent of the shares voting at today’s Special Meeting of Stockholders voted in favor of the agreement,” which represent 77 percent of all stock outstanding on…
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March 8, Arbitron said in a news release Tuesday (http://bit.ly/12lMY19). It said U.S. antitrust approval is needed. Such an OK was expected by the companies, they said in December when the $1.25 billion deal was disclosed (CD Dec 19 p10), and more recently they voluntarily gave the FTC more time to review the combination.