Dive Summary:
- After an extensive investigation by the Federal Trade Commission, Vitamin Shoppe has been given the all clear to complete the purchase of Super Supplements announced in December.
- The acquisition will be funded with cash; Super Supplements will be owned by Vitamin Shoppe as a subsidiary.
- The purchase of Super Supplements will add to Vitamin Shoppe's estimated 560 company-operated retail stores, national mail order catalogs and website business.
From the article:
"...The Vitamin Shoppe (NYSE: VSI), a leading specialty retailer and direct marketer of nutritional products, today 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..."