GNC Sale Appears Imminent

The sale of GNC might be imminent as Royal Numico NV, has instructed investment bank Goldman Sachs to initiate an auction for the Pittsburgh based supplements chain.

The company was placed on probation several months ago, and since then rumors have circulated regarding a potential acquisition by NBTY, INc. (Nature's Bounty) and most recently, the potential acquisition of GNC by ex executives.

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