 NEW YORK, July 14, 2021 PRNewswire -- NASDAQ: MDCA The Special Committee of MDC Partners Inc. MDC or the Company responded today to highly misleading, inaccurate and false statements made by Indaba Capital Indaba in a press release dated July 13, 2021, concerning the business combination the Transaction between MDC and Stagwell Media LP Stagwell. Indaba has grossly misrepresented the facts contained in the MDC proxy statement, seemingly to further Indabas extremely risky gambit of threatening to scuttle this highly attractive business combination as an attempt to extract more value, said Irwin Simon, Chairman of the Special Committee of the MDC Board of Directors. 