WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP (Stagwell) Partner Jay Leveton offered the following comment on the proposed combination of Stagwells operating businesses with MDC Partners Inc. (MDC) (Nasdaq: MDCA) (the Proposed Transaction, or the combination): Dear MDC Shareholders: As a Partner of The Stagwell Group, I am writing to encourage you to vote in favor of the Proposed Transaction. We have been working diligently to earn your support and I believe the combination will creat
NEW YORK--(BUSINESS WIRE)--(NASDAQ: MDCA) MDC Partners Inc. (MDC Partners or the Company) announced today that Institutional Shareholder Services Inc. (ISS), a leading independent proxy advisory firm, has reversed its prior voting recommendation. ISS now recommends that MDC Partners shareholders vote FOR the proposal to approve the combination of MDC with Stagwell Media LP, which is contributing Stagwell Marketing Group Holdings LLC (Stagwell), at the Companys Special Meeting of Shar
WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP (Stagwell) Partner Jay Leveton offered the following comment in response to Indaba Capitals (Indaba) false and misleading statements about the proposed combination of Stagwells operating businesses with MDC Partners Inc. (MDC) (Nasdaq: MDCA): Indaba has, in our opinion, become divorced from any reality in its ever more shrill attempts to extract more value in the combination of MDC and Stagwells operating businesses. Indaba appears to be
MDC Partners Inc (NASDAQ: MDCA ) raised its FY21 organic revenue growth outlook to 9%-11% from the previous range
WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP, which on July 8, 2021 entered into an amendment to the transaction agreement providing for the combination of its businesses (the Proposed Transaction) with MDC Partners, Inc. (MDC) (Nasdaq: MDCA), announced today that its subsidiary, Stagwell Marketing Group LLC (Stagwell or the Company), has generated strong performance through the second quarter and expects continued outperformance through the remainder of the year. Accordingly, Stagwel
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SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, Indaba or we), which is the largest independent shareholder of MDC Partners Inc. (NASDAQ: MDCA) (MDC or the Company), today issued a new presentation detailing its opposition to the barely revised terms of the Companys prospective merger with Stagwell Media LP (Stagwell). The revised terms were released by MDC and Stagwell on Friday, July 9th. Derek Schrier, Managing Partner of Indaba, comme
NEW YORK, July 9, 2021 Full story available on Benzinga.com
NEW YORK, July 9, 2021 /PRNewswire/ -- MDC Partners (NASDAQ: MDCA) announced today that it has expanded its global affiliate network across Russia with the addition of Adwise, Russia''s largest independent creative agency. The new partnership further scales MDC''s global creative, content
MDC Partners is set to expand into Russia having formed an affiliate partnership with independent creative agency Adwise. MDC Partners is the agency network group with includes 72&Sunny, Anomaly, Doner and KWT Global. It has been going through a protracted merger proposal with The Stagwell Group that recently saw shareholders rebel against the remuneration proposals,
Network agencies recognized for data-driven creative work that helped brands like Tinder, Volvo, and the National Football League engage new audiences. NEW YORK, July 1, 2021 /PRNewswire/ -- MDC Partners (MDCA) announced today five of its agencies earned a total of 18 awards during the
SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, Indaba or we), which is the largest independent shareholder of MDC Partners Inc. (NASDAQ: MDCA) (MDC or the Company), today issued the below open letter to Chairman and Chief Executive Officer Mark Penn following several unsuccessful attempts to open up a productive, private dialogue regarding the prospective merger with Stagwell Media LP (Stagwell). *** June 28, 2021 MDC Partners Inc. Attn:
72andSunny and Tinder are recognized for "Swipe Night" campaign that transformed the modern digital dating experience NEW YORK, June 25, 2021 /PRNewswire/ -- MDC Partners (NASDAQ: MDCA) agency 72andSunny has
Last week shareholders of MDC Partners successfully delayed a special meeting of the board of directors and shareholders to vote on a proposed merger with the Stagwell Groups Stagwell Media. At the heart of this matter are demands for more shareholder compensation and concerns over control of the new company by Stagwell Group Founding Partner 
Trustworthy Accountability Group recognizes MDC Partners for adopting rigorous standards to combat fraudulent traffic across the digital advertising supply chain NEW YORK , June 24, 2021 /PRNewswire/ -- MDC Partners (NASDAQ: MDCA ) announced today it has achieved the TAG Certified Against Fraud Seal from the Trustworthy Accountability Group (TAG), the leading global initiative fighting criminal activity and protecting brand safety in digital advertising. MDC is proud to receive this certification from TAG, continuing its commitment to eliminating fraudulent traffic across digital channels. To achieve the TAG Certified Against Fraud Seal, MDC has to demonstrate its adoption of rigorous industry standards to protect its customers and the supply chain from fraudulent traffic. "At MDC Partners, we continuously look for opportunities to boost safety and transparency in the digital experience. Following the explosive digital advertising growth we''ve seen in recent years, it''s critical Full story available on Benzinga.