Mandalay Digital Group (MNDL) Posts Q2 Loss of 14c/Share
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Mandalay Digital (MNDL) to Acquire Appia
November 13, 2014 4:06 PM ESTMandalay Digital Group, Inc. (NASDAQ: MNDL), the company empowering operators and Original Equipment Manufacturers (OEMs) around the globe with end-to-end mobile solutions, today announced it has entered into a definitive merger agreement to acquire Appia, the leading independent mobile user acquisition network.
Under the terms of the agreement, Mandalay Digital will issue at closing a number of shares and stock options to purchase its common stock equivalent to $100 million less Appia's net debt and transaction expenses (subject to working capital adjustments), at an agreed-upon value for Mandalay Digital common stock of $4.50... More
Mandalay Digital Group (MNDL) halted with news pending
November 13, 2014 4:01 PM ESTMandalay Digital Group (NASDAQ: MNDL) trading halted with news pending.
... More