San Diego, CA -- (SBWIRE) -- 07/01/2015 -- An investigation on behalf of investors, who currently hold shares of AirMedia Group Inc (ADR) (NASDAQ:AMCN), was announced concerning whether the takeover of AirMedia Group Inc at $6.00 per share is unfair to NASDAQ:AMCN stockholders.

Investors who purchased shares of AirMedia Group Inc (ADR) (NASDAQ:AMCN) and currently hold any of those NASDAQ:AMCN shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of AirMedia Group Inc breached their fiduciary duties owed to NASDAQ:AMCN investors in connection with the proposed acquisition.

On June 19, 2015, AirMedia Group Inc (ADR) (NASDAQ:AMCN) announced that its Board of Directors has received a non-binding proposal letter, dated June 19, 2015, from Mr. Herman Man Guo, Chairman of the Board and Chief Executive Officer of the Company, on behalf of himself and management of the Company (collectively, the "Buyer Group"), proposing a "going-private" transaction to acquire all of the outstanding ordinary shares of AirMedia not already owned by the Buyer Group for US$6.00 in cash per American depositary share ("ADS").

However, given that at least one analyst has set the high target price for NASDAQ:AMCN shares at $6.90 per share and that NASDAQ:AMCN shares traded in the open market on June 15, 2015 as high as $7.70 per share, the investigation concerns whether the offer is unfair to NASDAQ:AMCN stockholders. More specifically, the investigation concerns whether the AirMedia Group Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale. '

AirMedia Group Inc reported that its annual Total Revenue declined from $272.27 million in 2013 to $252.48 million in 2014 and that its respective Net Loss increased from $10.63 million to $25.70 million.

On June 30, 2015, NASDAQ:AMCN shares closed at $4.86 per share.

Those who are current investors in AirMedia Group Inc (ADR) (NASDAQ:AMCN) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com