Posts Tagged ‘MDC partners’

Published 17th Mar 2019, 14:56

Stagwell throws $100m lifeline to MDC after further $133m loss

Stagwell Group, the US investment fund headed by former Burson Marsteller chief executive Mark Penn – has invested $100 million in the Canadian loss-making group MDC Partners.  Penn will become... Read more
Published 1st Mar 2019, 19:21

WPP reports “strong interest” in Kantar as group profit falls by 41.5%

WPP said today that there had been “strong interest” from parties interested in investing in its Kantar market research division as the group revealed a 41.5% fall in post-tax profit and a 2.6%... Read more
Published 19th Jan 2019, 10:47

MDC Partners seeks rule changes as fund manager calls special meeting

The heavily borrowed and loss-making Canadian marketing group MDC Partners is introducing new rules governing the notice required for resolutions to be put to shareholders about changes to the... Read more
Published 14th Jan 2019, 17:20

Publisher’s announcement

After 18 years in print or digital format, Marketing Services Financial Intelligence will be closing at the end of January.  The decision has been a difficult one and is driven primarily by the time... Read more
Published 29th Nov 2018, 08:37

US fund manager seeks changes at MDC Partners

FrontFour Capital Group has acquired over 5% of the share capital of the heavily borrowed loss-making Canadian marketing group MDC Partners and is agitating for action to “create shareholder... Read more
Published 13th Nov 2018, 14:36

Omnicom antitrust investigation closed without further action

The Antitrust division of the US Department of Justice has closed its investigation of video production and post-production practices employed by subsidiaries of Omnicom Group without any action... Read more
Published 29th Oct 2018, 22:46

MDC losses reach $48m for year to date: hit by write-offs and finance costs

The prospects for Canada’s publicly listed marketing group MDC Partners seemed a little bleak after today’s announcement that it had incurred another $18.2 million loss in the quarter to 30... Read more
Published 21st Sep 2018, 10:17

MDC Partners put up for sale

MDC Partners, the Canada based marketing group that has slipped back into heavy losses after brief signs of a potential recovery, announced last night that it had decided “to explore and evaluate... Read more
Published 19th Sep 2018, 00:13

Albion to retain identity following Forsman & Bodenfors merger

UK marketing agency Albion Communications will retain its own identity following the absorption of its US parent company Kirshenbaum, Bond, Senecal + Partners (KBS) into its fellow MDC Partners... Read more
Published 12th Sep 2018, 23:55

Kauffman stepping down as MDC CEO

MDC Partners, the Canada based marketing group that has slipped back into heavy losses after brief signs of a potential recovery, has announced the impending replacement of its current chairman and... Read more