Just over a month after former WPP executive Mark Penn became CEO of MDC Partners and acquired approximately 30% of the company via his own Stagwell Group, the agency network announced several changes to its board of directors. Perhaps most significantly, MDC has resolved a spat with hedge fund FrontFour Capital, which owns approximately 5.1%...
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April 23, 2019
Advertising & Agency Daily
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MDC Partners Resolves Dispute With Activist Investor as Mark Penn Becomes Chairman
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