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FTC Approves Nielsen Acquisition of Arbitron

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Nielsen Holdings N.V. (NYSE: NLSN), a leading global provider of
information and insights into what consumers watch and buy, today
announced that it has reached an agreement with the Federal Trade
Commission (FTC) to gain clearance for its proposed acquisition of
Arbitron (NYSE: ARB) which is now, subject to customary closing
conditions, expected to close on September 30, 2013. The FTC has issued
a Decision and Order dated September 20, 2013 that embodies the
agreement.

As previously disclosed, Nielsen entered into an agreement on December
17, 2012 to acquire all of the outstanding common stock of Arbitron for
$48 per share or a total of $1.3 billion purchase price, funded by cash
on hand and

See full press release

Posted-In: News Guidance Asset Sales M&A Global

 

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