Indaba capital questions stagwell's desired appointment of madison avenue partners' eli samaha to mdc's board given apparent link to mark penn

San francisco--(business wire)--indaba capital management l.p. (together with its affiliates, “indaba” or “we”), which is the largest unaffiliated shareholder of mdc partners inc. (nasdaq: mdca) (“mdc” or the “company”), today questioned stagwell media lp's (“stagwell”) announcement of its intention to recommend the appointment of eli samaha of madison avenue partners, lp (“madison”) to the newly-combined entity's board of directors (the “board”). derek schrier, managing partner of indaba, comm
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