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Stock Market & Financial Investment News

News Breaks
February 25, 2013
09:47 EDTMMMillennial Media recent weakness a buying opportunity, says Telsey Advisory
Telsey Advisory views recent weakness as a buying opportunity and said fundamentals remain intact.
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September 3, 2015
08:02 EDTMMAOL to acquire Millennial Media for $1.75 per share
AOL, a unit of Verizon (VZ), announced its continued investment in cross platform programmatic technology for marketers and publishers by signing an agreement to acquire Millennial Media (MM), an end-to-end mobile platform, for $1.75 per share of Millennial Media common stock. The transaction will take the form of a tender offer followed by a merger, with Millennial Media becoming a wholly owned subsidiary of AOL upon completion. The transaction is subject to customary regulatory approvals and other closing conditions, and is expected to close this fall. Goldman, Sachs & Co. served as AOL's financial advisor on the transaction, and Wachtell, Lipton, Rosen & Katz served as AOL's legal advisor. LUMA Partners served as Millennial Media's financial advisor on the transaction, and Goodwin Procter LLP served as Millennial Media's legal advisor.
08:02 EDTMMAOL to acquire Millennial Media for $1.75 per share

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