MDC Partners Inc. - Ordinary Shares - Class A

NASDAQ:MDCA   3:59:44 PM EDT
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Debt Financing / Related

MDC Says Stagwell Reached Agreement With Co On Certain Terms Of Potential Business Combination

Published: 10/06/2020 13:02 GMT
MDC Partners Inc (MDCA) - Stagwell Reaches Preliminary, Non-binding Agreement in Principle With Special Committee of Mdc Partners on Certain Terms of a Potential Business Combination.
Stagwell - Non-binding Agreement States Pre-transaction Holders of Mdc's Common Shares Would Own 26% of Combined Co on Pro Forma Basis After Deal Close.
Stagwell - Non-binding Agreement With Mdc Partners States That Proposed Transaction Would Be Effected Through an "up-c" Structure.