According to Radio World, the vote will be held at the St.
Regis hotel, according to a proxy statement filed with the Securities &
Exchange Commission.
READ ARBITRON PROXY: Click Here
If shareholders approve the deal and it actually closes,
“each outstanding share of Arbitron common stock will be converted into the
right to receive $48.00 in cash, without interest and subject to any applicable
withholding tax,” according to the filing.
Arbitron President/CEO Sean Creamer asks shareholders to
vote in person at the meeting, or by proxy, noting that not casting a ballot
“has the same effect as voting against” the proposed deal.
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