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MDC ACQUIRES STAKE IN KIRSHENBAUM BOND + PARTNERS

Toronto-based MDC Partners has acquired a 60% interest in New York-based agency kirshenbaum bond + partners. The price is unknown, but according to MDC the purchase includes a stock component. Kirshenbaum consists of four units: Kirshenbaum Bond, LIME Public Relations + Promotion, The Media Kitchen and Dotglu. The firm will continue to operate under its current name. MDC also holds interests in Crispin Porter + Bogusky and Margeotes/Fertitta.

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