HealthCentral.com
This article was originally published in The Tan Sheet
Executive Summary
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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