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The terms of the merger agreement have been approved by the boards of directors of both companies. It states that Martha Stewart will continue to be an integral part of the brand that she founded and will serve as Chief Creative Officer.
Stewart will become a significant stockholder of the new public holding company of Sequential and MSLO and will be nominated to serve on its board of directors as of the closing. This merger is positioned to further the growth and expansion of the unique Martha home and lifestyle brand.
InI started a magazine, Martha Stewart Living, which was the first of its kind. Out of our groundbreaking editorial content grew an influential brand which quickly evolved into other media, merchandising and digital platforms and products which have helped consumers, worldwide, live better, more fulfilling lives.
The Sequential team is smart, hardworking, and understands the power and limitless opportunity of the Martha Stewart brand and its formidable design, editorial and marketing teams.
Looking ahead, we believe that we can leverage our global activation platform at Sequential in partnership with Martha and her team to develop the next chapter of growth for the Martha Stewart brand.
We are honored to have this opportunity and thrilled to be working together with Martha Stewart. The company has also inspired consumers with unique lifestyle content and high-quality products.
Once we close, our run rate will surpass our published three year financial plan, and we will be set up to publish a new three year financial plan that is more than double our current goals for both revenue and adjusted EBITDA.
About Sequential Brands Group, Inc. Sequential Brands Group, Inc. Shmidman Yehuda R. About William Sweedler Mr. Martha Stewart Living Omnimedia Inc. It is organized into four business segments: Publishing, Internet, Broadcasting media platforms, actuar asa swiss anti aging Merchandising product lines.
As founder of Martha Stewart Living Omnimedia, she has gained success through a variety of business ventures, encompassing publishing, broadcasting, merchandising, and electronic commerce.
She has written numerous bestselling books and hosted two long-running syndicated television shows, Martha, which ran from toand Martha Stewart Living, which ran from to About Daniel W. He is a graduate of Washington University and received a J.
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