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Sale price of Martha Stewart Living disappoints shareholders

Sequential Brands is buying media and merchandising group for only US$300 million after subtracting net cash

New York

MARTHA Stewart Living Omnimedia Inc finally agreed to sell itself. The agreed-upon price left shareholders disappointed.

The company founded by home-decor and lifestyle guru Martha Stewart said on Monday that it's being bought by Sequential Brands Group Inc for US$6.15 a...

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