Medialink Worldwide Incorporated (MM) (MDLK) News

Medialink Files Definitive Proxy For NewsMarket Deal
Special Meeting to be held on September 25, 2009

On Thursday August 27, 2009, 5:00 pm EDT

NEW YORK, Aug. 27 /PRNewswire-FirstCall/ -- Medialink Worldwide Incorporated (Nasdaq: MDLK - News), a leading provider of diversified media services for professional communicators and marketers, today announced that it filed with the Securities and Exchange Commission its definitive proxy statement related to the previously announced merger with a subsidiary of The NewsMarket, Inc.

As previously disclosed, on July 1, 2009, Medialink entered into an Agreement and Plan of Merger pursuant to which The NewsMarket, through a newly-formed wholly-owned subsidiary, will acquire all of the outstanding shares of Medialink's common stock at a price of $0.20 per share in cash. The Merger Agreement is subject to approval by Medialink's shareholders. Medialink's board of directors has unanimously recommended a "for" vote approving the Merger Agreement.

Medialink also announced that it will be holding a Special Meeting of its shareholders on September 25, 2009, for the approval of the Merger Agreement. The proxy statement will be mailed beginning on or about September 2, 2009, to all of Medialink's shareholders of record as of the close of business on August 3, 2009. Medialink and The NewsMarket continue to work on a comprehensive integration strategy to ensure a smooth and speedy transition after closing.

"We are thrilled to be proceeding with the proxy process and are looking forward to obtaining shareholder approval at the Special Meeting," said Kenneth Torosian, Chief Financial Officer of Medialink. "The preliminary integration work and the transition planning we have been doing with The NewsMarket have been going extremely well, reinforcing our optimistic view of the opportunities the merger will afford the combined entity."

Will do :)
tia :)

My goodness

Great surprise for me that my sell was taken out at .39 while I was overseas working.

This one really had a strong run.

hot

BM 7?

sorry ment 389%, lol makes no difference... $$$ :))))

+398% weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!

seems to be way undervalued... cash around 0.70/share? and only small float O/S 6.4 M? 1.8 M tradet today? holy cow... nice gainer :)


GLTY

lol, 2 boardmarks... this one is on fire!... :)

what's going on here??? strong buy?

New from Medialink and General Motors:
http://www.redorbit.com/news/business/1686699/video_from_medialink_and_general_motors_the_allnew_transformed_2010/

Daily volume increase continues.

Seems like there are various folks anticipating positive PR regarding continued NASDAQ listing and don't want to miss a possible run when and/or after it's announced, which could be anyday.

I certainly hope they're right. I am betting money that they are!

With a substantial extension from NASDAQ I think it will be a new ballgame for this stock.

I added 10 k today :)

Great point Nomoneyhoney1. If we can just get more regular volume I think we'll do great!

Going to start serious accumulation today:

They do business with household names that pay their bills and;

From 10k:

They have almost a dollar in cash per share;

December 31,
2008
ASSETS
Current Assets:
Cash and cash equivalents $ 5,354,000

MDLK is a NASDAQ stock - MDLK is not a OTC or Pink Sheet stock.

Float: 5,230,000

O/S: 6,428,059

2008 revenue: $19.630,000

I've been told that Internetplays.com has alerted MDLK. Obviously we need this type of volume to continue.

Philips Lighting & Medialink

Video

http://www.redorbit.com/news/business/1684803/video_from_medialink_and_philips_philips_unveils_industrychanging_lighting_transformations/

U.S. Department of Defense & Medialink

Video

http://www.redorbit.com/news/entertainment/1676332/video_from_medialink_and_the_us_department_of_defense_civilian/

McAfee & Medialink

Audio

http://www.cnbc.com/id/30477943/site/14081545

General Motors & Medialink

Video

http://www.redorbit.com/news/business/1681284/video_from_medialink_and_general_motors_the_electric_car_experience/