The natural products industry voiced a collective “Huh? Who?” last November when global consumer packaged goods giant Reckitt Benckiser came in at the 11th hour to snatch up Schiff Nutrition. For weeks, signs had pointed to Leverkusen, Germany-based Bayer as the acquirer. Bayer, already a power player in the consumer healthcare market, had laid out a healthy offer of roughly $1.1 billion, or $34 per share, to buy Salt
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