Royal Numico/GNC
This article was originally published in The Tan Sheet
Executive Summary
Netherlands-based company completes purchase of the supplement retailer. Under the stock cash tender, Royal Numico bought approximately 63.1 mil. shares, representing 92.8% of GNC common shares, at $25 per share and will acquire the remainder pursuant to the merger. The deal was announced in July (1"The Tan Sheet" July 12, p. 3)