Martha's Daughter Takes Majority Stake
January 31, 2005,
Alexis Stewart has taken a majority stake in Martha Stewart Living Omnimedia, the company her mother founded, according to documents recently filed with the Securities and Exchange Commission.
The filing also stated that Alexis Stewart does not currently intend to acquire additional shares, plan a merger, alter the company management structure, change the board of directors or sell any material amount of company assets.
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