Debevoise & Plimpton LLP has advised an independent committee of the Board of Directors of Martha Stewart Living Omnimedia, Inc. in its sale of 100% of its outstanding shares to Sequential Brands Group, Inc. for aggregate consideration valued at $6.15 per share, payable 50% in stock and 50% in cash.
Martha Stewart Living Omnimedia, Inc. is a diversified media and merchandising company, inspiring and engaging consumers with unique lifestyle content and distinctive products. The Company reaches approximately 100 million consumers across all media platforms each month and has a growing retail presence in thousands of retail locations.
The Debevoise team was led by partner Richard D. Bohm and included partners Lawrence K. Cagney, Jeffrey P. Cunard and Peter A. Furci, counsel Judith L. Church, and associates Matt Auten, Dasom Chung, Samuel M. Duncan, Simone S. Hicks, Sue Meng and Ramya S. Tiller.
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. The firm’s commercially savvy lawyers regularly lead strategic transactions and complex disputes for world-class clients.