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Stock Market & Financial Investment News

News Breaks
February 4, 2013
16:14 EDTVSIVitamin Shoppe says FTC ends investigation into Super Supplements deal
The Vitamin Shoppe announced that it has received notice from the United States Federal Trade Commission that it has closed its investigation into the acquisition of Super Supplements by The Vitamin Shoppe. The Vitamin Shoppe is targeting to close the transaction by February 15, assuming all remaining closing conditions are satisfied. In December 2012, The Vitamin Shoppe announced a definitive agreement to purchase the assets of Super Supplements, a specialty retailer of vitamin, mineral and supplements, for approximately $50M.
News For VSI From The Last 14 Days
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October 20, 2014
14:46 EDTVSIVitamin Shoppe may hire adviser amid pressure for deal, Reuters says
Vitamin Shoppe (VSI), which has been urged by activist shareholders to consider a sale, is speaking to banks and may hire a financial adviser, according to Reuters, citing people familiar with the matter. Note that Reuters previously reported on September 18 that some large Vitamin Shoppe holders have urged the company to consider a sale to rival GNC Holdings (GNC) or to a private equity buyer. That same day, The Financial Times reported that GNC was considering a possible sale after receiving attention from private equity suitors. Following this latest report from Reuters, shares of Vitamin Shoppe are up 6.7% to $45.23 in afternoon trading, while GNC shares are up over 3% to $38.88. Reference Link
14:33 EDTVSIVitamin Shoppe up over 6%, near highs of session
14:21 EDTVSIVitamin Shoppe may appoint adviser as activist pressure continues, Reuters says
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