Mdc partners (mdca) special committee receives and is evaluating revised offer from stagwell

New york, june 14, 2021 /prnewswire/ -- (nasdaq: mdca) – mdc partners inc. ("mdc" or the "company") announced today that it has received a revised offer from stagwell media lp ("stagwell") for the business combination transaction between the company and stagwell (the "transaction"). the mdc special committee is evaluating the revised stagwell proposal which included a decrease in the share consideration that stagwell would receive in the transaction to 185 million common shares, a reduction of approximately 31 million common shares from the 216.25 million common shares agreed to in the transaction agreement entered into on december 21, 2020 (the "transaction agreement").
MDCA Ratings Summary
MDCA Quant Ranking