Arbitron Jumps 24% on Nielsen Buyout
December 18, 2012 at 09:30 AM EST
Shares of Arbitron (NYSE: ARB ) rallied strongly higher on Tuesday, up over 24 percent from Monday's close, after Nielsen Holdings (NYSE: NLSN ) said it would buy the company for $48 per share. The acquisition combines a top TV rating firm -- Nielsen -- with a top radio