December 20, 2017 / 2:35 PM / a year ago

BRIEF-Overstock.com Blockchain Subsidiary tZERO Takes Stake In Siebert Financial Parent, Kennedy Cabot

Dec 20 (Reuters) - Overstock.Com Inc:

* OVERSTOCK.COM BLOCKCHAIN SUBSIDIARY TZERO TAKES STAKE IN SIEBERT FINANCIAL PARENT, KENNEDY CABOT

* ‍TZERO SAYS AGREED TO TAKE A 1% STAKE IN KENNEDY CABOT ACQUISITION HOLDINGS​

* TZERO SAYS UPON CLOSING OF TRANSACTION, CO'S $1 MILLION INVESTMENT WILL ENTITLE CO TO 1% OF ASSETS OF KENNEDY CABOT Source text for Eikon: Further company coverage:

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