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Martha Stewart, Emeril Legasse brands sold for $175 million

Associated Press
Martha Stewart, Emeril Legasse brands sold for $175 million

The Martha Stewart brand is getting a new home. Sequential Brands Group (SQBG) , which bought the Martha Stewart brand nearly four years ago for about $353 million, said Tuesday that it is selling it to Marquee Brands for about $175 million. As part of the deal, Marquee will also acquire the brand of TV chef Emeril Lagasse.