MDC Partners

MDC Partners, Inc. engages in the provision of marketing, advertising, activation, communications and strategic consulting solutions. It operates through the following business segments: Integrated Networks-Group A, Integrated Networks-Group B, Media & Data Network, and All Other. The Integrated Networks-Group A and Integrated Networks-Group B segments provide a range of services for its clients, primarily including strategy, creative and production for advertising campaigns across a variety of platforms, which includes print, digital, social media, television broadcast, as well as public relations and communications services, experiential, social media and influencer marketing. The Media & Data Network segment is comprised of a single operating segment that combines media buying and planning across a range of platforms with technology and data capabilities. The All Other segment provides a range of services including advertising, public relations and marketing communication services. The Corporate segment consists of corporate office expenses incurred in connection with the strategic resources. The company was founded on December 19, 1986 and is headquartered in New York, NY.

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NEW YORK, July 28, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") and Stagwell Marketing Group LLC ("Stagwell") announced today that both companies will report separate financial results for the three months ending June 30, 2021 on Wednesday, August 4, 2021, before market open. MDC Partners and Stagwell will host a joint video webcast and conference call to review those separate financial results the same day at 8:30 AM (ET).

MDC Partners Inc. (MDCA) and Stagwell Marketing Group LLC Schedule Conference Call to Discuss Financial Results for the Three Months Ended June 30, 2021

MDC Partners Inc's (NASDAQ: MDCA) shareholders voted to approve the previously announced business combination of MDC with certain subsidiaries of Stagwell Media LP during a special meeting held earlier today.  The combined company will be renamed Stagwell Inc and will trade on the Nasdaq.

MDC Partners' Shareholders Ratify Stagwell Merger

Shareholders Vote to Approve Proposed Business Combination with Stagwell Resolution Approval Positions MDC to Become a Leader in Some of the Fastest-Growing Segments of the Digital Marketing and Advertising Sector Following Close, Newly Combined Company Will be Renamed Stagwell Inc. NEW YORK, July 26, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC Partners", "MDC" or the "Company") announced today that MDC shareholders voted to approve the previously announced business combination (the "Transaction") of MDC with certain subsidiaries of Stagwell Media LP ("Stagwell"), during a special meeting of shareholders held earlier today. Following the close of the Transaction, the combined company will be renamed Stagwell Inc, and will be traded on the NASDAQ Stock Exchange.

MDC Partners (MDCA) Shareholders Approve Business Combination with Stagwell

MDC Special Committee Reminds Shareholders to Vote "For" the Amended Transaction Today NEW YORK, July 20, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC Partners", "MDC" or the "Company") announced today that independent proxy advisory firm Glass Lewis & Co. ("Glass Lewis") has joined Institutional Shareholder Services ("ISS") in recommending that MDC shareholders vote FOR the proposal to approve the combination of MDC with certain subsidiaries of Stagwell Media LP ("Stagwell"), at the Company's Special Meeting of Shareholders, scheduled to be held on July 26, 2021. Irwin D.

Independent Proxy Advisory Firm Glass Lewis Joins ISS In Recommending MDC Partners (MDCA) Shareholders Vote "For" The Amended Transaction With Stagwell

WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP (“Stagwell”) Partner Jay Leveton offered the following comment on the proposed combination of Stagwell's operating businesses with MDC Partners Inc. (“MDC”) (Nasdaq: MDCA) (the “Proposed Transaction”, or the “combination”): Dear MDC Shareholders: As a Partner of The Stagwell Group, I am writing to encourage you to vote in favor of the Proposed Transaction. We have been working diligently to earn your support and I believe the combination will creat

Stagwell Highlights New Developments in Support of the Combination Between Stagwell and MDC Partners (MDCA)

NEW YORK--(BUSINESS WIRE)--(NASDAQ: MDCA) – MDC Partners Inc. (“MDC Partners” or the “Company”) announced today that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has reversed its prior voting recommendation. ISS now recommends that MDC Partners shareholders vote FOR the proposal to approve the combination of MDC with Stagwell Media LP, which is contributing Stagwell Marketing Group Holdings LLC (“Stagwell”), at the Company's Special Meeting of Shar

ISS Recommends MDC Partners (MDCA) Shareholders Vote “FOR” the Amended Transaction With Stagwell

SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the largest unaffiliated shareholder of MDC Partners Inc. (NASDAQ: MDCA) (“MDC” or the “Company”), today questioned Stagwell Media LP's (“Stagwell”) announcement of its intention to recommend the appointment of Eli Samaha of Madison Avenue Partners, LP (“Madison”) to the newly-combined entity's Board of Directors (the “Board”). Derek Schrier, Managing Partner of Indaba, comm

Indaba Capital Questions Stagwell's Desired Appointment of Madison Avenue Partners' Eli Samaha to MDC's Board Given Apparent Link to Mark Penn

WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP (“Stagwell” or the “Company”) announced today that it intends to recommend the appointment of Eli Samaha, Founder and Managing Partner of Madison Avenue Partners, LP (“Madison”), to the Board of MDC Partners, Inc. (“MDC”) (Nasdaq: MDCA) upon the closing of the combination of MDC with Stagwell (the “Transaction”). Madison is one of the largest shareholders of MDC today and has expressed its support for the Transaction. "Eli has impressed me with his

The Stagwell Group to Recommend the Appointment of Madison Avenue Partners' Eli Samaha to the MDC Partners Board of Directors at Close of the Merger of MDC and Stagwell

WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP (“Stagwell”) Partner Jay Leveton offered the following comment in response to Indaba Capital's (“Indaba”) false and misleading statements about the proposed combination of Stagwell's operating businesses with MDC Partners Inc. (“MDC”) (Nasdaq: MDCA): “Indaba has, in our opinion, become divorced from any reality in its ever more shrill attempts to extract more value in the combination of MDC and Stagwell's operating businesses. Indaba appears to be

Stagwell Media LP Responds to Indaba Capital's False and Misleading Press Release on Stagwell's Merger With MDC Partners Inc. (MDCA)

NEW YORK, July 14, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – The Special Committee of MDC Partners Inc. ("MDC" or the "Company") responded today to highly misleading, inaccurate and false statements made by Indaba Capital ("Indaba") in a press release dated July 13, 2021, concerning the business combination (the "Transaction") between MDC and Stagwell Media LP ("Stagwell"). "Indaba has grossly misrepresented the facts contained in the MDC proxy statement, seemingly to further Indaba's extremely risky gambit of threatening to scuttle this highly attractive business combination as an attempt to extract more value," said Irwin Simon, Chairman of the Special Committee of the MDC Board of Directors.

MDC Partners (MDCA) Special Committee Responds to Indaba Capital's Highly Misleading and Factually Inaccurate Press Release Concerning MDC's Merger with Stagwell Media

SAN FRANCISCO--(BUSINESS WIRE)---- $MDCA--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the largest unaffiliated shareholder of MDC Partners Inc. (NASDAQ: MDCA) (“MDC” or the “Company”), today commented on the supplemental proxy materials issued by the Company in connection with its prospective merger with Stagwell Media LP (“Stagwell”). Based on its analysis of MDC's disclosures, Indaba has concluded that the additional information released only reinforces tha

Indaba Capital Highlights That Supplemental Proxy Materials Reinforce MDC-Stagwell Combination's Deep Conflicts and Wholly Insufficient Terms

MDC Partners Inc (NASDAQ: MDCA) raised its FY21 organic revenue growth outlook to 9%-11% from the previous range of 7%-9%, encouraged by the continued strength through the first half of 2021. It increased the adjusted EBITDA guidance to $200 million - $210 million from previously expected $190 million - $200 million.

MDC Partners Lifts FY21 Financial Guidance

WASHINGTON--(BUSINESS WIRE)--Stagwell Media LP, which on July 8, 2021 entered into an amendment to the transaction agreement providing for the combination of its businesses (the “Proposed Transaction”) with MDC Partners, Inc. (“MDC”) (Nasdaq: MDCA), announced today that its subsidiary, Stagwell Marketing Group LLC (“Stagwell” or the “Company”), has generated strong performance through the second quarter and expects continued outperformance through the remainder of the year. Accordingly, Stagwel

Stagwell Marketing Group LLC Reports on Its Exceptional Performance and Highlights Business and Financial Updates Provided in MDC Partners Filing

NEW YORK, July 13, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") announced today that it has raised its full-year 2021 guidance for organic revenue growth and Adjusted EBITDA. "MDC continues to experience strong demand across its business following its highest first quarter Adjusted EBITDA in Company history," said Mark Penn, Chairman and Chief Executive Officer of MDC Partners.

MDC Partners (MDCA) Raises Full-Year 2021 Guidance

SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the largest independent shareholder of MDC Partners Inc. (NASDAQ: MDCA) (“MDC” or the “Company”), today issued a new presentation detailing its opposition to the barely revised terms of the Company's prospective merger with Stagwell Media LP (“Stagwell”). The revised terms were released by MDC and Stagwell on Friday, July 9th. Derek Schrier, Managing Partner of Indaba, comme

Indaba Capital Issues New Presentation Detailing Opposition to Barely Revised Terms of MDC-Stagwell Combination

NEW YORK, July 9, 2021 /PRNewswire/ -- URGENT: STOCKHOLDER VOTE SET FOR July 26, 2021 WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of MDC Partners Inc. ("MDC" or the "Company") (NASDAQ: MDCA) in connection with the Company's proposed stock-for -stock combination with Stagwell Media LP ("Stagwell").  The terms of the recently-amended merger agreement will result in current MDC shareholders retaining 31% of the equity of the combined company, with Stagwell receiving share consideration equal to 69% of the new entity.

SHAREHOLDER ALERT: WeissLaw LLP Investigates MDC Partners Inc.

NEW YORK, July 9, 2021 /PRNewswire/ -- MDC Partners (NASDAQ: MDCA) announced today that it has expanded its global affiliate network across Russia with the addition of Adwise, Russia's largest independent creative agency. The new partnership further scales MDC's global creative, content and data-driven media capabilities and supports the network's global brand partners in the region with expertise across creative, performance and digital marketing.

MDC Partners (MDCA) Expands Global Footprint in Russia with Adwise Partnership

New Proposal with Improved Financial Terms Provides Increased Value for MDC Shareholders, Further Enhanced Governance and Offers Best Chance to Create Global Modern Marketing Company with Near- and Long-Term Growth Prospects Special Committee Recommends Shareholders Vote "FOR" the Amended Transaction New Meeting Date Set for July 26, 2021    NEW YORK, July 9, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC" or the "Company") announced today that the Special Committee of MDC's Board of Directors (the "MDC Special Committee"), working with its independent legal and financial advisors, has completed its evaluation of the revised offer from Stagwell Media LP ("Stagwell") and reached an agreement on amended terms (the "Amendment") for the business combination of the Company and certain operating businesses of  Stagwell (the "Transaction"). The Amendment was unanimously recommended by the MDC Special Committee and unanimously approved by MDC's Board of Directors (other than the interested directors).

MDC Partners (MDCA) and Stagwell Media LP Reach Agreement on Amended Transaction that Offers MDC Shareholders Greater Stake in Combined Business

Network agencies recognized for data-driven creative work that helped brands like Tinder, Volvo, and the National Football League engage new audiences.  NEW YORK, July 1, 2021 /PRNewswire/ -- MDC Partners (MDCA) announced today five of its agencies earned a total of 18 awards during the 2020-2021 Cannes Lions International Festival of Creativity, the most presitigious annual awards show recognizing creative excellence and effectiveness in the advertising, media, and marketing industries.

MDC Partners (MDCA) Agencies Celebrate 18 Cannes Lions Awards

SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the largest independent shareholder of MDC Partners Inc. (NASDAQ: MDCA) (“MDC” or the “Company”), today issued the below open letter to Chairman and Chief Executive Officer Mark Penn following several unsuccessful attempts to open up a productive, private dialogue regarding the prospective merger with Stagwell Media LP (“Stagwell”). *** June 28, 2021 MDC Partners Inc. Attn:

Indaba Capital Expresses Disappointment Over Mark Penn's Apparent Unwillingness to Engage in Good Faith with MDC Shareholders Regarding Stagwell Merger

72andSunny and Tinder are recognized for "Swipe Night" campaign that transformed the modern digital dating experience NEW YORK, June 25, 2021 /PRNewswire/ -- MDC Partners (NASDAQ: MDCA) agency 72andSunny has been awarded the Entertainment Grand Prix at this year's prestigious Cannes Lions International Festival of Creativity. The Grand Prix – the highest award level an entrant can receive in a single category – recognizes 72andSunny's extraordinary work with Match Group to launch its "Swipe Night" campaign, an original branded content experience that has transformed the dating experience for millions of users.

MDC Partners (MDCA) Celebrates 72andSunny and Match Group's Entertainment Grand Prix Win at Cannes Lions International Festival of Creativity

Trustworthy Accountability Group recognizes MDC Partners for adopting rigorous standards to combat fraudulent traffic across the digital advertising supply chain NEW YORK, June 24, 2021 /PRNewswire/ -- MDC Partners (NASDAQ: MDCA) announced today it has achieved the TAG Certified Against Fraud Seal from the Trustworthy Accountability Group (TAG), the leading global initiative fighting criminal activity and protecting brand safety in digital advertising. MDC is proud to receive this certification from TAG, continuing its commitment to eliminating fraudulent traffic across digital channels.

MDC Partners (MDCA) Achieves TAG Certified Against Fraud Seal from Trustworthy Accountability Group

SAN FRANCISCO--(BUSINESS WIRE)--Allison+Partners has been named marketing agency of record for Nordic Consulting, a global leader in providing talent acquisition, advisory services and enterprise support services that result in innovations across the healthcare industry. “We are thrilled to welcome the Nordic team to the Allison+Partners' growing portfolio of health technology clients,” said Cathy Planchard, global president, Marketing + Innovation and Health. “As we witness the rapid accelerat

Allison+Partners Named PR and Marketing Agency of Record for Nordic Consulting

NEW YORK, June 23, 2021 /PRNewswire/ -- (NASDAQ: MDCA) -- MDC Partners Inc. ("MDC" or the "Company") announced today that its Special Meeting of Shareholders (the "Special Meeting") has been adjourned until Monday, July 19, 2021, at 11:00 a.m. ET.  At the Special Meeting, MDC shareholders will be asked to vote on the proposed combination (the "Proposed Transaction") of MDC's business with certain operating businesses of Stagwell Media LP ("Stagwell").

MDC Partners (MDCA) Sets July 19, 2021 for Rescheduled Special Meeting of Shareholders

NEW YORK, June 22, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") announced today that Mark Penn, Chairman and CEO, will present at the upcoming Sidoti Virtual Investor Conference from 9:15-9:45 AM ET, Wednesday, June 23, 2021.   A live, audio webcast of the event will be available to the public in the Investors section of the MDC Partners website, mdc-partners.com.

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