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Arbitron shareholders OK Neilsen deal

Columbia-based Arbitron Inc.’s shareholders have voted to approve the acquisition of the company by Nielsen Holdings N.V. for approximately $1.2 billion.

The two companies announced in December that they had signed a definitive agreement for New York-based Nielsen to acquire all of the outstanding common stock of Arbitron for $48 per share in cash.

The transaction remains subject to certain regulatory approvals, including expiration of the Hart-Scott-Rodino antitrust waiting period, and customary closing conditions.

Neilsen is a global information and measurement company.

Arbitron is a provider of audience ratings for broadcast and cable companies.