Nutritional and weight loss product manufacturer Herbalife International Inc., which maintains its headquarters in Century City, Calif., announced last week that it had agreed to be acquired for $685 million by private equity funds Whitney & Co. LLC, based in Stamford, Conn., and Golden Gate Capital Inc., of San Francisco. Herbalife has been on the market since last year, when two shareholders and the wife of Mark Hughes, the founder of the company who died in 2000 from an accidental overdose of alcohol and
New York Law Journal
April 17, 2002
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