Rexall Sundown merger talks with Twinlab disclosed July 1.
This article was originally published in The Tan Sheet
Executive Summary
REXALL SUNDOWN MERGER TALKS WITH TWINLAB were disclosed by the companies July 1. Rexall and Twinlab Corp. "are engaged in substantive discussions relating to a potential merger, which would contemplate that Rexall Sundown would issue .74 shares of its common stock for each outstanding share of Twinlab common stock," the companies said. The proposed combination of the two companies would be structured as a pooling of interests and would be accretive to earnings.