Arbitron Shareholders to Gather April 16th
CEO Sean Creamer has invited shareholders to a special meeting at the St. Regis in Washington D.C. where they will vote on the upcoming merger with Nielsen. In his invite, filed with the SEC HERE, Creamer writes, "If our stockholders adopt the merger agreement and the merger contemplated by the merger agreement takes place, each outstanding share of Arbitron common stock will be converted into the right to receive $48.00 in cash." The deal is still hung up in the federal regulatory approval process. The Arbitron board of directors has unanimously approved the merger.
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