MDC Partners and Stagwell Group Agree to Merge

Mark Penn has led both companies since investing in MDC last year

MDC Partners and Stagwell Group are combining forces. MDC Partners

MDC Partners and marketing consultancy Stagwell Group, both led by Mark Penn, have agreed to merge, according to the two companies.

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@Minda_Smiley minda.smiley@adweek.com Minda Smiley is deputy Agencies editor at Adweek.
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