MotherNature.com
This article was originally published in The Tan Sheet
Executive Summary
Online natural product retailer's shareholders approve plan to liquidate and dissolve company, MotherNature announces Nov. 30. Firm intends initially to distribute liquidation assets to shareholders by the end of the year. The board of directors unanimously voted to discontinue operations Nov. 7 due to limited growth potential and availability of financing (1"The Tan Sheet" Nov. 13, p. 18)
You may also be interested in...
MotherNature.com Board Approves Liquidation Plan
MotherNature.com's board of directors has decided to cease operation "as an independent enterprise indefinitely" due to limited growth potential and availability of financing.
Supplement GMP Warning Letters Make Modest Debut In 2010
Finalization of a settlement between the Federal Trade Commission and Rexall Sundown regarding unsupported cellulite treatment claims for the firm's Cellasene dietary supplement hinges upon approval of two related class action settlements pending in California and Florida, according to FTC
In Brief
Combe sells most of its OTC brands