09.01.02
Herbalife Acquisition Completed
An investor group led by private equity firms Whitney & Co., San Francisco, CA, and Golden Gate Capital, San Francisco, CA, in partnership with Herbalife distributors and senior management, has completed the acquisition of Herbalife International. As a result of the transaction, which was approved by stockholder vote, including the support of the Mark Hughes Family Trust, Herbalife stockholders will receive $19.50 in cash for each share of Herbalife Class A and Class B common stock. The transaction is valued at approximately $685 million.
An investor group led by private equity firms Whitney & Co., San Francisco, CA, and Golden Gate Capital, San Francisco, CA, in partnership with Herbalife distributors and senior management, has completed the acquisition of Herbalife International. As a result of the transaction, which was approved by stockholder vote, including the support of the Mark Hughes Family Trust, Herbalife stockholders will receive $19.50 in cash for each share of Herbalife Class A and Class B common stock. The transaction is valued at approximately $685 million.