Sequential Brands (SQBG) to Acquire GAIAM Yoga Brand for $146M (GAIA)
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Piper Jaffray Remains Bullish on Sequential Brands (SQBG) Following Announced Acquisition of Gaiam
May 11, 2016 6:52 AM EDTPiper Jaffray maintained an Overweight rating and $11.00 price target on Sequential Brands (NASDAQ: SQBG) following the company's announced acquisition of the yoga brand Gaiam. The deal is expected to close in the next 60 days. Currently, Gaiam sells a plethora of yoga clothing and related products in major retailer in the U.S.. The deal is expected to be... More
