Stagwell media lp responds to indaba capital's false and misleading press release on stagwell's merger with mdc partners inc. (mdca)

Washington--(business wire)--stagwell media lp (“stagwell”) partner jay leveton offered the following comment in response to indaba capital's (“indaba”) false and misleading statements about the proposed combination of stagwell's 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 stagwell's operating businesses. indaba appears to be
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