NEW YORK, Sept. 3, 2015 /PRNewswire/ -- Harwood
Feffer LLP (www.hfesq.com) is investigating potential claims
against the board of directors of Millennial Media Inc.
("Millennial Media" or the "Company") (NYSE: MM) concerning the
proposed acquisition of the Company by AOL ("AOL"), a subsidiary of
Verizon Communications Inc. (NYSE: VZ).
Millennial Media, Inc. provides mobile advertising solutions to
advertisers and developers in the United
States and internationally.
Under the terms of the agreement between the companies, AOL will
commence a tender offer to acquire all outstanding shares of
Millennial Media's common stock for $1.75 per share. The proposed transaction
is valued at $250 million.
Our investigation concerns whether the Millennial Media board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own Millennial Media shares and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: rharwood@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP