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Bernstein Liebhard LLP is investigating whether the Board of Directors of MediaMind Technologies Inc. (“MediaMind” or the “Company”) (NASDAQ:MDMD) breached its fiduciary duty to its shareholders in agreeing to sell MediaMind to DG FastChannel, Inc.
Under the terms of the agreement, MediaMind shareholders will receive $22.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to MediaMind shareholders and the process by which the MediaMind Board of Directors considered and approved the transaction.