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September 3, 2015 12:11 pm GMT

AOL Confirms It Is Buying Millennial Media In $238M Deal To Expand In Mobile Ads

Aol donutsThis just in: AOL, itself acquired by Verizon for $4.4 billion earlier this year, has announced that it is making another purchase of its own. It is buyingMillennial Media as it continues to build out its presence in digital advertising and specifically mobile ads. AOLwill be paying $1.75/share for publicly-traded Millennial, working out to an enterprise value of $238 million after… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dzowTP1lVeo/

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