Mdc partners (mdca) shareholders approve business combination with stagwell

Shareholders vote to approve proposed business combination with stagwell resolution approval positions mdc to become a leader in some of the fastest-growing segments of the digital marketing and advertising sector following close, newly combined company will be renamed stagwell inc. new york, july 26, 2021 /prnewswire/ -- (nasdaq: mdca) – mdc partners inc. ("mdc partners", "mdc" or the "company") announced today that mdc shareholders voted to approve the previously announced business combination (the "transaction") of mdc with certain subsidiaries of stagwell media lp ("stagwell"), during a special meeting of shareholders held earlier today. following the close of the transaction, the combined company will be renamed stagwell inc, and will be traded on the nasdaq stock exchange.
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