Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK MDC Corp. said it plans to take Maxxcom private through an all-stock buyout of minority shareholders in the advertising holding company, of which MDC already owns 74 percent.
MDC has reached an agreement in principle with an independent committee of Maxxcom’s board established to respond to the bid.
Maxxcom, like MDC, is based in Toronto. The subsidiary has stakes in U.S. operations such as New York’s Margeotes/Fertitta + Partners and Miami-based Crispin Porter + Bogusky.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in