In Brief: Twinlab/Rexall Sundown
This article was originally published in The Tan Sheet
Executive Summary
Twinlab/Rexall Sundown: Merger discussions between the vitamin/nutritional supplement marketers are terminated, the companies announce Sept. 5. Twinlab and Rexall state that "after several weeks of discussions with the Securities & Exchange Commission," the intended pooling of interests "will not be approved." The proposed merger, which was disclosed by the companies July 1, would have resulted in a firm with combined annual sales of about $400 mil. ("The Tan Sheet" July 7, p. 12)...