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HealthCentral

This article was originally published in The Tan Sheet

Executive Summary

E-tailer and subsidiaries, including Vitamins.com and WebRx.com, file for Chapter 11 bankruptcy protection, firm announces Oct. 9. Company says it "intends to proceed with a sale of its assets...in an effort to maximize the value of the business for all of its stakeholders." In September, HealthCentral announced a 43% workforce reduction and saw its stock transferred to the NASDAQ Small Cap market (1"The Tan Sheet" Oct. 1, p. 13)

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NBTY acquisition

Supplement firm buys customer lists, URLs for Vitamins.com, WebRx.com from bankrupt HealthCentral for $2.8 mil. Acquisition includes customer list for L&H Vitamins mail-order operation. Deal was approved Dec. 6 in HealthCentral's bankruptcy proceedings and is expected to close later this month. Acquired operations had sales of approximately $15 mil. for the last 12 months and a combined customer list of roughly 1.8 mil. names, NBTY says. HealthCentral and its subsidiaries filed for Chapter 11 protection in October (1"The Tan Sheet" Oct. 15, In Brief)...

NBTY acquisition

Supplement firm buys customer lists, URLs for Vitamins.com, WebRx.com from bankrupt HealthCentral for $2.8 mil. Acquisition includes customer list for L&H Vitamins mail-order operation. Deal was approved Dec. 6 in HealthCentral's bankruptcy proceedings and is expected to close later this month. Acquired operations had sales of approximately $15 mil. for the last 12 months and a combined customer list of roughly 1.8 mil. names, NBTY says. HealthCentral and its subsidiaries filed for Chapter 11 protection in October (1"The Tan Sheet" Oct. 15, In Brief)...

NBTY acquisition

Supplement firm buys customer lists, URLs for Vitamins.com, WebRx.com from bankrupt HealthCentral for $2.8 mil. Acquisition includes customer list for L&H Vitamins mail-order operation. Deal was approved Dec. 6 in HealthCentral's bankruptcy proceedings and is expected to close later this month. Acquired operations had sales of approximately $15 mil. for the last 12 months and a combined customer list of roughly 1.8 mil. names, NBTY says. HealthCentral and its subsidiaries filed for Chapter 11 protection in October (1"The Tan Sheet" Oct. 15, In Brief)...

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