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Stockreport

MDC Partners Says Stagwell Group Made $100 Mln Equity Investment In The Company [Reuters]

MDC Partners, Inc (MDCA)  More Company Research Source: Reuters
Last mdc partners, inc earnings: 10/29 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: mdc-partners.com
PDF MDC Partners Inc (MDCA.OQ) Key Developments | Reuters.com March 15 (Reuters) - MDC Partners Inc ::MARK PENN NAMED CHIEF EXECUTIVE OFFICER OF MDC PARTNERS; THE STAGWELL GROUP MAKES $100 MILLION STRATEGIC EQUITY INVESTMENT IN THE COMPANY.MDC PARTNERS INC - MARK PENN WILL ALSO BE A MEMBER OF ITS BOARD OF DIRECTORS..MDC PARTNERS INC - STAGWELL HAS PURCHASED OF $50 MILLION IN MDC PARTNERS COMMON SHARES AND $50 MILLION NON-VOTING CONVERTIBLE PREFERENCE SHARES.MDC PARTNERS INC - AS CEO OF MDC PARTNERS, PENN WILL LEAD ALL DAY-TO-DAY OPERATIONS AT MDC..MDC PARTNERS INC - UPON CLOSING OF TRANSACTION, HE WILL CONTINUE TO OVERSEE INVESTMENTS AT STAGWELL MEDIA LP FUND..MDC PARTNERS INC - STAGWELL GROUP HAS PURCHASED 14.3 MILLION CLASS A SHARES OF COMPANY.MDC PARTNERS INC - EXPECTS TO USE NET PROCEEDS FROM INVESTMENT TO PAY DOWN EXISTING DEBT. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people [Read more]

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