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Latham & Watkins Advises on Merger of Cadent and AdTheorent Holding Company, Inc.

April 1, 2024
Firm advised Canaccord Genuity as financial advisor to AdTheorent Holding Company, Inc.

Cadent, one of the largest independent solutions providers for converged TV advertising, and AdTheorent Holding Company, Inc. (Nasdaq: ADTH), a machine learning pioneer and industry leader delivering measurable value for programmatic advertisers, has announced that they have entered into a definitive merger agreement under which Cadent shall acquire all outstanding shares of ADTH for cash consideration of US$3.21 per share.

Latham & Watkins LLP advised Canaccord Genuity LLC, as financial adviser to ADTH, in the transaction with a corporate team led by Century City partner Steven Stokdyk, with associate Mark Goshgarian.