Vital Living
This article was originally published in The Tan Sheet
Executive Summary
Phoenix-based nutraceutical firm expects to add $2 mil. in annual sales from acquisition of San Diego-based Doctors for Nutrition, distributor of Greens FIRST "food and vegetable-concentrated powdered drink mix." Vital Living exchanged 1 mil. shares for all DFN stock. Purchase enhances VL's network, adding more than 1,000 health care practitioners' offices where Greens FIRST is sold. Separately, VL announced appointment of Marcus Feder as CFO in early October. Feder previously served as CFO for Phoenix-based tech firm Single Crystal Technologies since 2001...