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In Brief: Twinlab

This article was originally published in The Tan Sheet

Executive Summary

Twinlab: Enters network marketing arena with acquisition of Changes International, a Destin, Fla.-based dietary supplement marketer, Twinlab announces Nov. 13. Changes has posted sales of $30 mil. in the first nine months of 1997. Founded in 1994, Changes has a sales force of approximately 60,000 independent distributors throughout the U.S., U.K., Canada and Australia. Twinlab "plans to build upon the existing Changes International line of products and develop special formulas exclusively for this channel and market them" under the Changes brand name. An attempted merger between Twinlab and Rexall Sundown was terminated Sept. 5 after failing to gain approval from the Securities & Exchange Commission ("The Tan Sheet" Sept. 8, In Brief)...
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