J.C. Penney Stake in Martha Stewart Living

J.C. Penney Stake in Martha Stewart Living Play

Dec. 7 (Bloomberg) -- Jay Margolis, a Bloomberg Television contributing editor and a former retail executive, talks about J.C. Penney Co. acquiring a 17 percent stake in Martha Stewart Living Omnimedia Inc. for $38.5 million. Margolis, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for Michael Kors Holdings Ltd.'s U.S. initial public offering. (Source: Bloomberg)

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