Irwin Naturals/4Health
This article was originally published in The Tan Sheet
Executive Summary
Agrees to acquire privately held Health & Vitamin Express, which markets through its Web site (www.HVE.com), for $4 mil. in stock, $2 mil. to be paid at closing and the remainder in four installments, as targeted revenue and income levels are met. Users will be able to link from HVE.com to HealthZone.com, a Web site featuring health and fitness information and product offerings expected to launch by the end of February ("The Tan Sheet" Dec. 7, 1998, In Brief)