Stagwell announces intended mdca board of directors nominees, shareholder offer

Washington--(business wire)--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. in his comments, mr. penn notes “now is the time for shareholders to come together to approve this value-creating and much-needed combination.” the full text of his comments are a
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