Sequential Brands to buy Martha Stewart Living
June 22, 2015 at 17:28 PM EDT
Sequential
Brands Group Inc. (Nasdaq: SQBG) will acquire Martha Stewart Living
Omnimedia Inc. (NYSE: MSO) in
a cash and stock deal valued at approximately $353 million. Shares of
Sequential Brands slipped 18 cents to close at $16.82 while Martha
Stewart stock lost 86 cents to close at $6.12.
