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MDC Partners Inc. (MDCA) Wrap Up:

MDC was formed by Certificate of Amalgamation effective December 19, 1986, pursuant to the Business Corporations Act (Ontario). Effective December 19, 1986, MDC amalgamated with Branbury Explorations Limited, and thereby became a public company operating under the name of MDC Corporation. On May 28, 1996, MDC changed its name to MDC Communications Corporation and, on May 29, 1999, it changed its name to MDC Corporation Inc. On July 31, 2003, MDC acquired the remaining 26% of Maxxcom Inc. (“Maxxcom”) that it did not already own, privatizing the now wholly-owned subsidiary and merging Maxxcom’s corporate functions with MDC’s existing corporate functions. On January 1, 2004, MDC changed its name to its current name, MDC Partners Inc., and on June 28, 2004, MDC was continued under Section 187 of the Canada Business Corporations Act. MDC’s registered and head office address is located at 45 Hazelton Avenue, Toronto, Ontario, M5R 2E3.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f10%2f0001144204-08-014271.html#FIS_BUSINESS"   
www.mdccorp.com
5,785 Employees
Founded in 1980

MDC Partners Inc (MDCA:NASDAQ)

LAST $8.42 USD
CHANGE TODAY -0.13 -1.52%
VOLUME 191.5K
As of 3:59 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of MDC Partners Inc (MDCA)

OPEN
$8.49
PREVIOUS CLOSE
$8.55
DAY HIGH
$8.75
DAY LOW
$8.39
52 WEEK HIGH
11/18/09 - $9.00
52 WEEK LOW
11/21/08 - $2.19
MARKET CAP
232.1M
AVERAGE VOLUME 3 mo
59.5K
DILUTED EPS TTM
$0.39
SHARES OUTSTANDING
27.6M
MDCA Does Not Pay Dividends
P/E TTM
21.4x
K = Thousands  M = Millions  B = Billions

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MDCA Top Compensated Officers

Mr. Miles S. Nadal
Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: $3.4M
Mr. David B. Doft
Chief Financial Officer
Age: 37
Total Annual Compensation: $450.0K
Mr. Robert E. Dickson
Managing Director
Age: 50
Total Annual Compensation: $562.3K
Mr. Graham L. Rosenberg
Managing Director
Age: 46
Total Annual Compensation: $562.3K
Mr. Gavin Swartzman
Managing Director
Age: 44
Total Annual Compensation: $562.3K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for MDC Partners Inc (MDCA)

MDC Partners Inc. Completes $300 Million Debt Financing

MDC Partners Inc. announced the completion of its previously announced offer, in a private placement, of $225 million aggregate principal amount of senior unsecured notes due 2016. MDC Partners used the net proceeds of this offering to repay the outstanding balance under its prior senior secured credit facility, and intends to use the remaining net proceeds to redeem its outstanding 8% $45C million convertible debentures, and for general corporate purposes. In addition, MDC Partners entered into a new 5-year $75 million revolving credit facility, which replaces its previous revolving credit facility. The Notes were offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended, and to non-U.S. persons in transactions outside the United States under Regulation S of the Securities Act.

MDC Partners Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 2, 2009).

MDC Partners Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 2, 2009).

MDC Partners Inc. Appoints Katie Kempner as Sr. Vice President Corporate Communications

MDC Partners Inc. announced the appointment of Katie Kempner to Sr. Vice President, Corporate Communications. In her new role, Katie will oversee all communications strategies for MDC Partners, and provide strategic communications counsel to all MDC Partners agencies. Since 1996 Katie has served as Vice President, Director of Agency Communications for MDC Partners agency, Crispin Porter +Bogusky. In her newly expanded role, Katie will oversee the brand management of MDC Partners at the network level as well as ensure that all member agencies are maximizing their media opportunities at every level. She will help member agencies, as a senior member of the Strategic Resources Group, develop cross platform measurable and sustainable media objectives and ensure that systems are in place where MDC agencies can deliver on their key media objectives. She will also develop a network wide social media presence that all agencies can tap into and benefit from.

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MDCA Competitors

Company Last Change
CMG Holdings Inc $0.10 USD 0.00
Havas €2.59 EUR -0.05
Interpublic Group of Companies Inc $6.83 USD +0.06
Omnicom Group Inc $36.14 USD -0.04
Publicis €25.94 EUR -0.31
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation MDCA Industry Range
Price/Earnings 28.6x
Price/Sales 0.4x
Price/Book 2.5x
Price/Cash Flow 6.7x
TEV/Sales NM Not Meaningful

MDCA

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MDCA transactions

Type
Date
Target
Private Placement
October 16, 2009
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