Latham & Watkins Advises Northern Data Group on Potential All-Stock Exchange Offer by Rumble Inc.
Northern Data AG (ETR: NB2), a provider of full-stack AI and high-performance computing solutions headquartered in Frankfurt am Main, Germany, announced that it has been informed by Rumble Inc. (NASDAQ: RUM) that Rumble is interested in pursuing a potential exchange offer for 100% of the outstanding shares of Northern Data AG. Rumble is a high-growth video-sharing platform and cloud services provider that is creating an independent infrastructure and is listed on the Nasdaq exchange.
Latham & Watkins LLP represents Northern Data in the potential cross-border transaction with a M&A team led by New York partners Robert Katz and James Gorton and counsel Ben Kaplan, with associates Zainab Hashmi, Lachlan Sievert, Jesse Lake, Daniel Maggen, and Alex Storozum.