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MDMD Mediamind Technologies Inc. (MM)

21.94
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mediamind Technologies Inc. (MM) NASDAQ:MDMD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 21.94 0 01:00:00

The Law Office of Abe Shainberg Announces Investigation of MediaMind Technologies Inc - MDMD

19/06/2011 4:15am

Business Wire


Mediamind Technologies Inc. (MM) (NASDAQ:MDMD)
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The Law Office of Abe Shainberg is investigating the Board of Directors of MediaMind Technologies Inc (MediaMind or the Company) (NASDAQ: MDMD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to FastChannel, Inc. Under the terms of the agreement, MediaMind shareholders will receive $22 per share of MediaMind stock they own, for a total enterprise value of $414 million.

The investigation concerns whether MediaMind Board of Directors breached their fiduciary duties to MediaMind stockholders by failing to adequately shop the Company before entering into this transaction and whether FastChannel is underpaying for MediaMind shares, thus unlawfully harming MediaMind stockholders. In particular, at least one analyst set a target price for MediaMind stock of $23 per share.

If you own common stock in MediaMind and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/mediamind-mdmd.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

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1 Year Mediamind Technologies Inc. (MM) Chart

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