Law Firm Brower Piven Announces Investigation of Arbitron Inc.
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Maryland-based Arbitron Inc. (“Arbitron” or the “Company”) (NYSE: ARB ) and other violations of state law by the board of directors of Arbitron relating to the proposed acquisition of the Company by Nielsen Holdings N.V. (“Nielsen”). The firm’s investigation seeks to determine, among other things, whether Arbitron’s board of directors breached their fiduciary duties by failing to maximize shareholder value.
On December 18, 2012, Arbitron and Nielsen announced that they had entered into a definitive agreement providing for Nielsen to acquire Arbitron for $1.26 billion. Under the terms of the merger agreement, Arbitron shareholders will only receive $48.00 for each share of common stock they own.
If you currently own common stock of Arbitron and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at email@example.com, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Brower Piven is the only firm headquartered in Maryland with a practice dedicated primarily to shareholder class action litigation. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.
Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
KEYWORDS: United States North America Maryland