TMCnet News
Law Offices of Howard G. Smith Announces Investigation of Arbitron, Inc.BENSALEM, Pa. --(Business Wire)-- Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Arbitron, Inc. ("Arbitron" or the "Company") (NYSE: ARB) related to the proposed acquisition of the Company by Nielsen Holdings NV. The transaction is valued at approximately $1.238 billion or $48.00 a share. This investigation concerns whether the Board of Directors of Arbitron breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Compay has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price soared from $34.10 on July 12, 2012 to $38.25 on December 6, 2012. If you are a shareholder of Arbitron, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com. |
