Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Millennial Media Inc (NYSE: MM) acted responsibly on behalf of investors’ profitability in the planned $250 million sale to AOL Inc. 

On September 3, 2015, Millennial Media Inc (NYSE: MM) and AOL Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, AOL will offer Millennial Media shareholders $ $1.75 per share in cash for all outstanding shares.     

Based in Baltimore, MD, and founded in 2006 Millennial Media Inc offers mobile advertising solutions to advertisers and developers internationally. They allow their clients engagement with their targeted audiences across mobile devices and screens. They provide solutions to allow advertisers to learn about the performance of their ad campaigns and to manage their campaigns. 

The investigation is looking to uncover whether Millennial Media Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $2.15 per share. 

If you purchased Millennial Media Inc (NYSE: MM) prior to September 3, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324. 

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