Stagwell media lp makes firm, improved offer for combining its growing digital businesses with mdc partners (mdca), after feedback from shareholders

Washington--(business wire)--stagwell media lp (“stagwell”) announced that it has provided the special committee of mdc partners, inc. (“mdc”) (nasdaq: mdca) with an improved final offer (the “revised offer”) to combine the high growth, digital businesses of stagwell with mdc partners. the revised offer provides that stagwell would receive 185 million shares of mdc at the closing of the transaction, which is a reduction of 31 million shares from the original transaction that was recommended by
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