Latham & Watkins Advises on Merger of Cadent and 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.