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Deal bulks up company's nutritional portfolio.
November 16, 2012
By: TOM BRANNA
Editor
Reckitt Benckiser Group PLC has commenced its previously announced tender offer to acquire all of the outstanding shares of Schiff Nutrition International, Inc., a leading provider of branded vitamins, nutrition supplements and nutrition bars in the United States and elsewhere, for $42.00 per share in cash, or approximately $1.4 billion. Reckitt Benckiser’s offer will be subject to Schiff and its controlling stockholders terminating their merger and related agreements with Bayer HealthC...
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