Follow The Weider: Analysts Glance Askance At Weider Brand Sale
This article was originally published in The Tan Sheet
Executive Summary
Weider Nutrition International's sale of its namesake branded nutritionals to the company's majority stockholder is raising some concerns in the investment community
You may also be interested in...
Weider is now Schiff
Weider Nutrition International formally changes name to Schiff Nutrition International following a shareholder vote of approval Oct. 25, the firm announces. "The Schiff brand is a recognized premium brand in the nutritional supplements arena, and it is appropriate that our new corporate name reflects our strategic commitment to growing the Schiff brand," President and CEO Bruce Wood said. The firm divested the Weider brand business last year, and its European subsidiary Haleko in June (1"The Tan Sheet" Aug. 23, 2004, p. 12 and 2"The Tan Sheet" June 27, 2005, In Brief). While the firm will start trading on the New York Stock exchange under the new name Nov. 1, WNI will remain the company's N.Y. Stock Exchange symbol....
Weider is now Schiff
Weider Nutrition International formally changes name to Schiff Nutrition International following a shareholder vote of approval Oct. 25, the firm announces. "The Schiff brand is a recognized premium brand in the nutritional supplements arena, and it is appropriate that our new corporate name reflects our strategic commitment to growing the Schiff brand," President and CEO Bruce Wood said. The firm divested the Weider brand business last year, and its European subsidiary Haleko in June (1"The Tan Sheet" Aug. 23, 2004, p. 12 and 2"The Tan Sheet" June 27, 2005, In Brief). While the firm will start trading on the New York Stock exchange under the new name Nov. 1, WNI will remain the company's N.Y. Stock Exchange symbol....
Weider is now Schiff
Weider Nutrition International formally changes name to Schiff Nutrition International following a shareholder vote of approval Oct. 25, the firm announces. "The Schiff brand is a recognized premium brand in the nutritional supplements arena, and it is appropriate that our new corporate name reflects our strategic commitment to growing the Schiff brand," President and CEO Bruce Wood said. The firm divested the Weider brand business last year, and its European subsidiary Haleko in June (1"The Tan Sheet" Aug. 23, 2004, p. 12 and 2"The Tan Sheet" June 27, 2005, In Brief). While the firm will start trading on the New York Stock exchange under the new name Nov. 1, WNI will remain the company's N.Y. Stock Exchange symbol....