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

Author's Avatar
Jul 12, 2021

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.