The lord giveth, and the lord taketh away.
In news we never expected to hear, it was announced on Monday that Martha Stewart was killing her living line.
The 73-year-old is reportedly set to sell her Martha Stewart Living Omnimedia company for a staggering $353 million!
[ Related: Martha Reviews Blake Lively & Gwyneth Paltrow’s Brands! ]
Her business has been around since 1997, but she’s apparently handing it over to Sequential Brands Group now that her stock has fallen.
But don’t expect to see any less of the lifestyle guru — she’s selling her brand, but she’s still going to be chief creative officer and a shareholder.
Make that money, Martha!
[Image via Ivan Nikolov/WENN.]
Jun 22, 2015 19:42pm PDT
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