Thursday, August 8, 2019

The Vitamin Shoppe to be acquired

The Vitamin Shoppe is being acquired by a company that is undergoing a strategic transformation. Liberty Tax will acquire The Vitamin Shoppe, which operates 750 stores, in an all-cash transaction valued at approximately $208 million. Under the terms of the deal, Vitamin Shoppe shareholders will receive $6.50 per share, which represents a premium of 43% to its closing share price of $4.54 on August 7, 2019. . . . more