Mark Penn’s Stagwell Group Proposes Merger With MDC Partners

Penn took over as MDC Partners CEO following a 2019 investment

mark penn
Stagwell Group's proposal argues the merger would help both companies scale their offerings and better serve clients. The Stagwell Group, MDC Partners

Mark Penn may be on the cusp of consolidating his advertising empire.

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@ErikDOster Erik Oster is an agencies reporter for Adweek.