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Stock Market & Financial Investment News

News Breaks
June 9, 2014
14:00 EDTVSIVitamin Shoppe acquisition positive, says RW Baird
After Vitamin Shoppe (VSI) bought Nutri-Force Nutrition, RW Baird thinks the deal will benefit Vitamin Shoppe in a number of areas, including increased speed to market with new products, control over product formulations, and international product registrations. The firm expects the deal to be accretive to Vitamin Shoppe's gross margins and EBIT percentage within two to three years. It reiterates an Outperform rating on the shares.
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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