May
27
MDC Partners and Stagwell Group Merger Hits Snag With Shareholder Protest
Posted in: UncategorizedThe merger deal between agency networks MDC and Stagwell looks uncertain due to MDC’s largest shareholder, Indaba Capital Management. The long-running merger could be in jeopardy after Indaba, which owns 15% of the shares of MDC, lodged an official protest stating that it felt the terms of the merger favored Stagwell. The letter of protest…
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