Filed under: Business, Books, Television/Film, Stores & Shopping

Martha Stewart apparently thinks that Emeril Lagasse is a good thing.

Stewart has bought the rights to Emeril's books, TV shows, and kitchen products. The price was $45 million in cash and $5 million in stock. That's stock as in Wall Street, not chicken or beef.

This is an interesting development, since we reported a while back that Emeril Live had ended after negotiations went nowhere. (And if you're wondering, no, Martha didn't get Emeril's restaurants.)

Stewart also bought 40% of a wedding service called WeddingWire.