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fromThe Motley Fool
7 hours agoInvestor Cuts Stagwell Stake by 500,000 Shares After a 50% Stock Swing | The Motley Fool
My Personal CFO sold 500,882 shares of Stagwell for approximately $2.80 million, reducing its stake significantly.
The Drum has since learned that rival holding company Havas hired Stagwell as a subcontractor to conduct this work as part of a broader project it is doing for the Ministry of Foreign Affairs through the Israel Government Advertising Agency (also known as Lapam). The Drum understands Stagwell's Israel Messaging Research was a defined brief conducted on behalf of Havas and its involvement in this research work is now complete.