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The World: Miami - MDC rumoured to raise shareholding in Crispin Porter.(MDC Partners Inc.)(Brief article)

Campaign

| October 05, 2007 | COPYRIGHT 2007 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The future ownership of the Miami hotshop Crispin Porter & Bogusky is in question amid reports that MDC Partners, Canada's largest ad group, may move to a majority shareholding.

MDC has the option to raise its stake in the agency from 49 per cent to 60 per cent this year, and to 77 per cent in 2008. Miles Nadal, the MDC Partners chief executive, insisted he would not try to increase the group's stake in Crispin ...

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