Martha Stewart Living Omnimedia Inc. "kicked it up a notch" in late February when it bought the Emeril Lagasse franchise. The acquisition, which cost the home-making mavens company $45 million in cash and $5 million in stock, included the rights to Emeril-brand cookbooks, television shows and kitchen products. Not included in the deal were Lagasse's 11 restaurants and corporate office.

Lagassse's cooking show, The Essence of ...

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