Nielsen Holdings said that shareholders have voted to approve a $16bn transaction in which the measurement company would be acquired by a private equity group led by Elliott Investment Management and Brookfield Business Partners.

The transaction calls for Nielsen stock to be bought for $28 a share in cash.

Two meetings were held. One was a court meeting in the U.K. The other was a special meeting of shareholders in the U.S. Nielsen last month reached an agreement with WindAcre Partnership, a major shareholder that had opposed the deal.

Read more: Next Tv