GNC to acquire six Nature's Fresh food stores, close Natures Food Centres.
This article was originally published in The Tan Sheet
Executive Summary
GNC TO ACQUIRE NATURE's FRESH GROCERY CHAIN FOR $17.5 MIL. in cash and stock following the signing of a binding letter of intent to purchase the Portland, Ore.-based six-store natural grocery chain, General Nutrition Companies announced July 22. Nature's Fresh has about $45 mil. in revenue, GNC said.
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