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Rexall Sundown/TwinLab merger rumors fuel stock price rises of 52% and 78%.

This article was originally published in The Tan Sheet

Executive Summary

REXALL/TWINLAB MERGER TALKS FUEL STOCK PRICE RISES OF 52% AND 78%, respectively, for the two vitamin and dietary supplement marketers toward the end of the second quarter. Rexall stock jumped 52.2% (13-3/8) for the three-month period ended June 30 from 25-5/8 to 39. TwinLab closed up 77.8%, a 10-1/2 point jump from 13-1/2 to 24. Rumors of a potential merger were confirmed by the two companies July 1. A merger of the firms would create a manufacture and marketing company with combined sales in the $400 mil. range
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