The Vitamin Shoppe (NYSE: VSI), a leading specialty retailer and direct marketer of nutritional products, today announced that the United States Federal Trade Commission (FTC) has notified VSI that it is conducting an investigation into the planned acquisition by the Vitamin Shoppe of the assets of Super Supplements, Inc., which was announced on December 17, 2012.The FTC staff conducting the investigation has stated in a letter to the parties that the inquiry will extend beyond December 31, 2012, and has not yet provided any indication as to the likely outcome or ultimate timing of its inquiry. In light of the investigation, VSI and Super Supplements, Inc. have agreed to extend the outside date for consummation of the transaction from December 31, 2012 to March 1, 2013, and are cooperating with the FTC in its investigation. There can be no assurance as to whether and when the transaction will be consummated in light of these developments.
About the Vitamin Shoppe, Inc. (NYSE:VSI) Vitamin Shoppe is a leading specialty retailer and direct marketer of nutritional products based in North Bergen, New Jersey. The company sells vitamins, minerals, nutritional supplements, herbs, sports nutrition formulas, homeopathic remedies, green living products, and health and beauty aids to customers located primarily in the United States. The company carries national brand products as well as exclusive products under the Vitamin Shoppe, BodyTech and True Athlete proprietary brands. The Vitamin Shoppe conducts business through more than 560 company-operated retail stores, website, and national mail order catalogs.
About Super Supplements
Super Supplements has been providing top health and wellness products, information and inspiration for almost two decades, specializing in quality natural products, vitamins &supplements, beauty & personal care items, herbal remedies, homeopathic remedies, healthy drinks & teas and natural pet health products at the very best overall value. The company conducts business through 31 company-owned retail stores in the Pacific Northwest and online.