The Rosen Law Firm, a global investor rights law firm, announces that it
is investigating the Board of Directors of Martha Stewart Living
Omnimedia, Inc. (NYSE:MSO) for possible breaches of fiduciary duty and
other violations of law by failing to adequately shop Martha Stewart
Living to maximize shareholder value before agreeing to be acquired by
Sequential Brands Group, Inc. (NASDAQ: SQBG)
If you would like to join the action, go to the firm’s website at http://rosenlegal.com/cases-645.html
or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via
e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com. There
is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive
$6.15 in cash and stock for each share of Martha Stewart Living common
stock they own. The proposed transaction is valued at approximately $353
million. The investigation relates to whether the proposal is fair to
the public shareholders of Martha Stewart Living and whether Martha
Stewart Living’s Board breached its fiduciary duties in connection with
the proposed sale.
If you currently own shares of Martha Stewart Living and wish to obtain
additional information, please visit the firm’s website at http://rosenlegal.com/cases-645.html.
You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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