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28°
Sunday, dec 1
Tag:
Neuberger Berman
Business
Martha Stewart Sells Home Furnishing Brand For $215M
Martha Stewart’s home furnishings brand has a new home. Marquee Brands announced this week that it has purchased the Martha Stewart and Emeril Lagasse brands as part of a $215 million acquisition. The brand was purchased from Sequential, which has been shopping it for several months. "Martha Stewart is a visionary whose educational mission and innovative approach has inspired millions of people to live more meaningfully. Martha Stewart branded products, known for their high quality, superior function and beautiful design, have enriched homes around the world," Sam Porat, Managing Direc…