MDC Partners: Penn outlines ambitious $3bn growth plans for Stagwell - at least he's got his timing right

Mark Penn's deal to merge ad holding company MDC into his tech-based Stagwell Group has finally gone through after Stagwell sweetened its offer following objections by some shareholders. MDC has resolutely failed to make money despite owning some strong agency brands including Anomaly and 72andSunny but Penn os promising an S4 Capital-like future with organic ...The post Penn outlines ambitious bn growth plans for Stagwell - at least he's got his timing right first appeared on More About Advertising.