Will PE Invest in Martha Stewart? Candidates include TPG, Golden Gate, Summit
Martha Stewart Living Omnimedia is is on the hunt for its own deal. MSO, which was founded by Martha Stewart, said today that it has hired the Blackstone Advisory Partners to "review and respond to various parties that have expressed interest in potentially partnering with or investing in the Company, as well as exploring other opportunities," according to a statement. This sounds like MSO could be up for sale or is looking for an investor (there is also speculation that Stewart is looking to take MSO private). My coworkers at Thomson Reuters are reporting that Stewart, who is MSO's controlling shareholder, would prefer a transaction other than a sale but is considering all options.
25 May 2011•3 mins read
