Sequential Brands Group, Inc.
(Nasdaq: SQBG) announced on June 22, 2015 that it has signed a definitive merger
agreement to acquire 100% of the outstanding shares of Martha Stewart Living
Omnimedia, Inc. (NYSE: MSO) for aggregate consideration valued at $6.15 per
share, payable 50% in stock and 50% in cash. The Merger adds a new vertical to
Sequential's platform, which is expected to generate nearly $3.75 billion in
annual global retail sales from a combined portfolio of consumer brands in the
Home, Fashion, Lifestyle & Active categories.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes,
markets, and licenses a portfolio of consumer brands in the fashion, active, and
lifestyle categories. Sequential seeks to ensure that its brands continue to
thrive and grow by employing strong brand management, design and marketing
teams. Sequential has licensed and intends to license its brands in a variety of
consumer categories to retailers, wholesalers and distributors in the United
States and around the world. For more information, please visit Sequential's
website at: www.sequentialbrandsgroup.com.
Sequential Brands Group believes that great brands are built
one step at a time.
The brands that they currently own include the
following:
Jessica Simpson
WilliamRast
Ellen Tracy
Avia
And1
Nevados
DVS
Heelys
Ful
Caribbean Joe Island Supply Co.
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