gtucker8585

[TimAlerts] $SQBG news of acquisition - Sequential Brands Group (SQBG), a consumer brands company, is up more than 3% in pre-market trading after disclosing plans to acquire the branded consumer product business from GAIAM (GAIA) for approximately $146 million in cash. The company said it expects the acquisition to be immediately accretive to sequential earnings, adding approximately $22 million of revenue and $20 million of adjusted EBITDA on a full year run rate basis.