MDC Partners Inc. - Ordinary Shares - Class A

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Mdc Partners (Mdca) And Stagwell Media Lp Reach Agreement On Amended Transaction That Offers Mdc Shareholders Greater Stake In Combined Business

Published: 07/09/2021 13:37 GMT
MDC Partners Inc. - Ordinary Shares - Class A (MDCA) - Mdc Partners (mdca) and Stagwell Media Lp Reach Agreement on Amended Transaction That Offers Mdc Shareholders Greater Stake in Combined Business.
Mdc Partners - Amendment Provides for Decrease in Share Consideration That Stagwell Will Receive in Deal to Equity Interests Equivalent to 180 Million Shares.
Mdc Partners Inc - Existing Mdc Common Shareholders Would Own About 31% of Common Equity of Combined Company Immediately Following Close of Deal.
Mdc Partners-stagwell Agreed That It Will Relinquish Right to Nominate 4th Director, & 9th Director of Combined Co Will Be Selected by Mutual Consent.