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AdTheorent Acquisition Investigation Unveiled
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Overview
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Wohl & Fruchter LLP is probing the acquisition of AdTheorent Holding Company, Inc. by Cadent for $3.21 per share, below market expectations. The investigation seeks to determine if AdTheorent's Board prioritized shareholders' interests.
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How might this investigation influence corporate governance practices in acquisitions?
Was the acquisition of AdTheorent undervalued, and how does this impact the shareholders?
What factors led analysts to criticize the sale price, and what implications might this have on future M&A deals?
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