NEW YORK, June 22, 2015 /PRNewswire/ -- Wolf Popper LLP is
investigating claims on behalf of investors in Martha Stewart
Living Omnimedia, Inc. ("Martha Stewart
Living") (NYSE: MSO), concerning the proposed acquisition of
Martha Stewart Living by Sequential
Brands Group, Inc. Martha Stewart Living shareholders seeking
more information about this proposed transaction can contact
Carl Stine at (212) 759-4600 or
cstine@wolfpopper.com.
Under the terms of the merger agreement, Martha Stewart Living shareholders will receive
$6.15 per share in cash and stock,
which is below the median Street target price of $6.56 per share. Martha Stewart, the controlling shareholder of
Martha Stewart Living, is receiving
significant benefits from the proposed transaction that will not be
available to the public shareholders. Accordingly, the
investigation concerns whether the board of directors and
Martha Stewart as controlling
shareholder of Martha Stewart Living
breached their fiduciary duties by agreeing to a price that
unfairly undervalues Martha Stewart
Living.
Wolf Popper LLP has extensive experience representing investors
in mergers and acquisition lawsuits and has successfully ensured
that investors receive the maximum compensation. Twelve Wolf
Popper attorneys were named Rising Stars or Super Lawyers in the
2014 Super Lawyers New York City Metro Edition, including
Wolf Popper partner Carl Stine, who was included in the Super
Lawyers Top 100 List for the New York
City Metro area. View Wolf Popper attorney biographies
at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar
Outcome.
Wolf Popper LLP
845 Third Avenue
New York, New York 10022
Telephone: 212-759-4600
Toll Free Tel: 877-370-7703
Toll Free Fax: 877-370-7704
Email: cstine@wolfpopper.com
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SOURCE Wolf Popper LLP
