Source: GlobeNewswire

Press Release: Marquee Brands : Sequential Brands Group Announces Closing of Divestiture of Martha Stewart and Emeril Lagasse Brands

NEW YORK, June 11, 2019 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (NASDAQ: SQBG) ("Sequential" or the "Company") today announced it has closed on the previously announced sale of the Martha Stewart and Emeril Lagasse brands for approximately $175 million with an earnout opportunity of up to an additional $40 million.

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Neil Fiske's photo - CEO of Marquee Brands

CEO

Neil Fiske

CEO Approval Rating

90/100

Marquee Brands is an investment management company that owns and operates businesses in apparel and footwear sectors. Read more