The transaction, originally announced on August 2, was approved by shareholders of SportsLine.com, reports sportstvproduction.com.
Public shareholders will be entitled to $1.75 per share in cash. The company will operate as a division of CBS Sports, reporting to president Sean McManus.
Said McManus: "With this acquisition now complete, we can move ahead full force in integrating SportsLine.com's rich, comprehensive Internet content into the framework of CBS Sports, which already includes top franchises like the NFL, NCAA Final Four, PGA, The US Open and the Masters."
