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Nielsen Buys Arbitron Radio Ratings Service
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FBN's Dennis Kneale weighs in on the $1.3B deal.
- Duration 2:01
- Date Dec 18, 2012
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FBN's Dennis Kneale weighs in on the $1.3B deal.
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Those are able to god Villa of -- TV ratings business in a deal today you buy out one of the few firms that ever survive can be against it.
Dennis -- has that story -- it sounds like it's like all Big Brother now under one roof.
-- jury -- in the Nielsen Co.
has for decades dictated out billions of dollars in TV ad spending get divvied up every year.
And for decades -- -- Was one of the few companies to -- challenge that de facto monopoly now Nielsen.
Bull by its arch rival paying one point two billion dollars a 26%.
Premium over where -- -- closed and trading yesterday.
Now -- -- shares are up 25% or so today reflecting Nielsen's nifty nice -- The company's figure -- -- and boost.
Nielsen's per share earnings by more than 10% extra.
And maybe two years and Nielsen trading up almost 4% today -- -- -- of 1% on that same news.
And so ends a long running rival in the ratings business.
Where Nielsen has just.
-- V Dominique giant for ever in the seventies and eighties -- trying to Nielsen.
Fierce rivals -- -- particularly strong in local market ratings Nielsen clobbered -- over time.
Barbara Tom retreated into -- only today Nielsen vastly bigger firm its revenue more than ten times the size of -- Tron and Nielsen net income.
At more than five times as large as arbitrage together the two firms look there's six billion.
In annual sales and that combo may be -- 350 million in net income.
And the past two years -- stock price up almost 20%.
All arbor -- down 10% or so now so reveals that the -- -- -- deal lets -- -- radio ratings to its service for local national TV Internet streaming cellphones.
And even -- new Twitter rating service that Nielsen announced yesterday the question well.
Is this -- deals and buying up one of its last big competitors will the second -- at the Justice Department raise any antitrust concerns.
Stay -- Tracy.
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