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MDC, Stagwell Work Out Merger Details.

Writer's picture: Inside Audio MarketingInside Audio Marketing

MDC Partners’ board of directors has approved a merger agreement with The Stagwell Group in a deal that has been anticipated since it was first proposed in June. Stagwell and MDC said the merged business would have estimated 2020 worldwide pro forma revenue of about $2.1 billion. Stagwell would own 79% of the combined company, according to Ad Age.


Read the full story at adage.com.

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