Sun, Jan 25, 2015, 3:08 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Millennial Media Inc. (MM) Message Board

  • wishing4globalpeace wishing4globalpeace May 10, 2013 11:23 AM Flag

    GOOG will buyout VELT as MM doesn't want to sell - VELT cleaned up house to become lean/mean co

    GOOG will buyout VELT as MM doesn't want to sell - VELT cleaned up house to become lean/mean co. Watchout MM you in more trouble

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I agree, but I doubt VELT has any takers until the turnaround is more apparent. Re-read the BusinessWeek article from Dec. on the author's speculation that Ross was hired to groom VELT for a buyout from a major technology company. I believe he was at Sybase for three or four years before the mega-buyout by SAP. I believe the consensus was the SAP overpaid, so Ross did well for Sybase shareholders.

      With MM now out of the way, VELT is the largest pure play mobile marketer on the block. One obstacle for a VELT buyout is the CEO. As far as I've read, he's held his shares all the way down and is taking a blood bath, so he would need to be well compensated to get out of the way. I see the only reason to be in VELT at the moment is to trade on buyout rumors. If the CEO steps aside, that would be a definite buy signal.

 
MM
1.43+0.05(+3.62%)Jan 23 4:07 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.