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Non-Tech : Martha Stewart's Omni (MSO)

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To: Glenn Petersen who wrote (133)5/6/2021 11:17:48 PM
From: Area51  Read Replies (1) of 136
 
She can probably buy it back at a nice discount now. SQBG was making all time highs around $600 and closed today around $11.60 down from about $28 last Friday. On Friday buyout firm KKR, a second-lien lender to Sequential, named Marjorie Bowen, a distressed retail expert and former managing director at investment bank Houlihan Lokey, to Sequential’s board, effective immediately — a move that insiders said looks like a preparation for a possible bankruptcy filing.
nypost.com
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