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Verizon's AOL to buy Millennial Media for about $250 million

2015-09-03 18:47:20| Telecom - Topix.net

Verizon Communications Inc.'s AOL Inc. agreed to buy mobile-ad company Millennial Media Inc. for about $250 million. The $1.75-a-share offer is a 31% premium to Millennial's price at Wednesday's close.

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