CORRECTING and REPLACING Stagwell Group Enters Advanced Negotiations With AlpInvest Partners
May 09 2023 - 8:41AM
Business Wire
Headline of release should read: Stagwell Group Enters Advanced
Negotiations With AlpInvest Partners (instead of The Stagwell
Group, Manager of Stagwell Media LP, Enters Into Definitive
Agreement With AlpInvest Partners).
The updated release reads:
STAGWELL GROUP ENTERS ADVANCED NEGOTIATIONS
WITH ALPINVEST PARTNERS
Today, the Stagwell Group, manager of Stagwell Media LP,
announced it is engaged in advanced negotiations to redeem
AlpInvest Partners’ remaining interest in the Stagwell Media LP
fund, subject to final documentation.
About The Stagwell Group
The Stagwell Group LLC (the “Stagwell Group”) is a registered
investment advisory company formed by Mark Penn. The Stagwell Group
manages Stagwell Media LP, a private equity fund whose portfolio
includes Stagwell Inc., the challenger network built to transform
marketing (NASDAQ: STGW).
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version on businesswire.com: https://www.businesswire.com/news/home/20230509005716/en/
Stagwell Group pr@stagwellgroup.com
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