HealthCentral.com Expands Supplement Presence With Vitamins.com Buy
This article was originally published in The Tan Sheet
HealthCentral.com's purchase of Vitamins.com expands the online healthcare content provider's dietary supplement/natural product offerings to more than 8,000. HealthCentral.com plans to issue $103.5 mil. in stock to Vitamins.com as part of the agreement.
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Visitors to e-health provider more.com are now being redirected to HealthCentral.com following the buyout by Emeryville, Calif.-based HealthCentral.
Online content and commerce presence acquires DrugEmporium.com in late July deal expanding HealthCentral's Rx and OTC base. Terms of the deal will provide Drug Emporium investors with stock convertible into 2.4 mil. common shares, HealthCentral said. Additionally, the company will acquire all aspects of the DrugEmporium.com Web site, rights to their 60,000-sq. ft. distribution and Rx fulfillment center and "at least $3 mil. in inventory." In March, HealthCentral.com acquired Vitamins.com, expanding its supplements base (1"The Tan Sheet" March 20, p. 14)
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