The Stagwell Group Announces the Successful Combination of Stagwell Marketing Group With MDC Partners, Forming Stagwell Inc. (NASDAQ: STGW)
The Stagwell Group is pleased to announce the formal combination (the “Combination”) of Stagwell Marketing Group Holdings LLC and MDC Partners Inc. (“MDC”). The combined company is called Stagwell Inc. (“Stagwell”) and will trade on the Nasdaq stock exchange (
NASDAQ:STGW) starting August 3. Shares of MDC will trade on Nasdaq under this new ticker.
The Stagwell Group Announces the Successful Combination of Stagwell Marketing Group With MDC Partners, Forming Stagwell Inc. (NASDAQ: STGW)
The Stagwell Group is pleased to announce the formal combination (the “Combination”) of Stagwell Marketing Group Holdings LLC and MDC Partners Inc. (“MDC”). The combined company is called Stagwell Inc. (“Stagwell”) and will trade on the Nasdaq stock exchange (
NASDAQ:STGW) starting August 3. Shares of MDC will trade on Nasdaq under this new ticker.
Stagwell Highlights New Developments in Support of the Combination Between Stagwell and MDC Partners (MDCA)
Stagwell Media LP (“Stagwell”) Partner Jay Leveton offered the following comment on the proposed combination of Stagwell’s operating businesses with MDC Partners Inc. (“MDC”) (Nasdaq: MDCA) (the “Proposed Transaction”, or the “combination”):
Stagwell Announces Intended MDCA Board of Directors Nominees, Shareholder Offer
Stagwell Media LP ("Stagwell") today released comments by Mark Penn, the CEO and Chairman of MDC Partners Inc. (“MDC”) (
NASDAQ: MDCA) and the Managing Partner of Stagwell, urging shareholders to approve the Stagwell-MDC combination. The comments were posted to BusinessWire and on LinkedIn.
Mark Penn Comments On the Pending Stagwell and MDCA Combination
Stagwell Media LP ("Stagwell") today released comments by Mark Penn, the CEO and Chairman of MDC Partners Inc. (“MDC”) (
NASDAQ: MDCA) and the Managing Partner of Stagwell, highlighting the merits of the pending MDC and Stagwell combination. The comments were posted to BusinessWire and on LinkedIn.
The Stagwell Group to Announce First Quarter 2021 Results on May 5, 2021
Stagwell Media LP (“Stagwell” or the “Company”), which on December 21, 2020 entered into a definitive transaction agreement to combine its businesses (the “Proposed Transaction”) with MDC Partners, Inc. (“MDC”) (Nasdaq: MDCA), announced today that it will host a live webcast to discuss its first quarter 2021 results on Wednesday, May 5, 2021 at 9:00 am ET. Stagwell President and Managing Partner and MDC Chairman and CEO, Mark Penn, Stagwell Partner, Jay Leveton, Chief Financial Officer, Ryan Greene and Chief Operating Officer, Beth Sidhu will participate in the live webcast. The Company is expected to issue an earnings release and investor presentation on its website.
