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Increases stake in ViSalus Sciences
April 18, 2011
By: TOM BRANNA
Editor
Blyth Inc., known for marketing its home fragrances and decor through house parties, has completed the second phase of its acquisition of ViSalus Sciences. The company said it now owns 57.5% of ViSalus Sciences, which sells weight management products, nutrition supplements and energy drinks through independent distributors. Blyth first invested in ViSalus in August 2008, acquiring a 43.6% stake for $13 million, according to a filing with the Securities and Exchange Commission. Financ...
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