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Sequential Brands completed its $353 million takeover of Martha Stewart Living Ominmedia on Friday, officially bringing to an end the Domestic Diva’s run as an independent company.

In the end, Stewart’s independent reign ended more with a whimper than a roar — the purchase price of $6.15 a share is far below the $38 price MSLO enjoyed when it went public in 1999.

“Teaming up with Sequential will give them a chance to accelerate their international expansion,” said Michael Kupinski, who had followed the stock for Noble Financial.

Stewart will continue at Sequential Brands under a recently signed, five-year contract that pays her $1.8 million in base compensation plus a $100,000 expense account, first-class travel, hotel accommodations and hair and makeup services.

Stewart will get 10 percent of gross licensing revenues earned by the company in excess of $46 million.

Daniel Dienst, the scrap metal executive who came aboard two years ago as CEO will exit the company with a payout estimated to be around $7.2 million.

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