Millennial Media Investor Launches Suit Over $238M AOL Deal

By Matt Chiappardi (September 9, 2015, 8:19 PM EDT) -- An investor in mobile advertising company Millennial Media Inc. launched a putative class action in Delaware Chancery Court on Wednesday challenging the company's proposed acquisition by AOL Inc. for $238 million including debt, arguing the deal locks shareholders out of the ability to benefit from the target's growth potential....

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