Vitacost Weighs Options After Losses; Shareholder Airs Complaints
This article was originally published in The Tan Sheet
Executive Summary
Activist shareholder Consac urges Vitacost.com to sell after operating losses four years in a row, despite close to $400 million in annual sales.
You may also be interested in...
Kroger Dives Into Online Supplement Sales, Vitacost Stays Afloat With Merger
Kroger will pay approximately $280 million for Vitacost.com, valuing the online supplement and health food retailer at $8 per share, a premium of 51% on it closing share price on Feb. 19, 2014, the day before a major shareholder asked the firm’s management to consider selling.
Kroger Dives Into Online Supplement Sales, Vitacost Stays Afloat With Merger
Kroger will pay approximately $280 million for Vitacost.com, valuing the online supplement and health food retailer at $8 per share, a premium of 51% on it closing share price on Feb. 19, 2014, the day before a major shareholder asked the firm’s management to consider selling.
In Brief: Vitacost Bends To Investors, Actavis Makes Asian Moves, DSM Courts Vitamin C Firm
Truce for Vitacost, investors; Actavis buys Silom Medical; DSM courts Aland; ChromaDex shares product libraries; Tenn. blocks drug felons buying PSE; FTC finalizes L’Occitane settlement; and more In Brief.