AirMedia Enters into Amendment No. 3 to Merger Agreement for Going Private Transaction

andnbsp;AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), an operator of out-of-home advertising platforms in Chinatargeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that on June 28, 2017 , it entered into Amendment No. 3 to the Agreement and Plan of Merger (the "Merger Agreement Amendment No. 3") to amend that certain Agreement and Plan of Merger (the "Merger Agreement"), dated September 29, 2015 , as amended, by and among th