Macy's (M) reportedly sues Martha Stewart Living Omnimedia (MSO), accusing the company of breach...

|About: Macy's Inc. (M)|By:, SA News Editor

Macy's (M) reportedly sues Martha Stewart Living Omnimedia (MSO), accusing the company of breach of contract for entering into an agreement to sell certain products to J.C. Penney. Macy's says MSO granted it exclusive rights to manufacture and sell the products under a 2006 agreement, according to a NY state Supreme Court filing today.