Part 1: Mergers and Acquisitions (July/August 2005)

Proposed Sale of Assets to Ideasphere
US-based supplement company Metabolife International Inc. has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court, along with a potential sale of its assets for 423.5 million to US-based health and wellness company, IdeaSphere Inc., owner of the Twinlab, Nature's Herbs and Alvita Teas brands and Rebus Publishing. According to the release issued by Ideasphere, the assets which it would presumably acquire include Metabolife Ultra, Metabolife Complete, Metabolife Ultra Caffeine Free and Metabolife Green Tea Formula; a state-of-the-art powder and tablet manufacturing facility located in Orem, Utah; and a distribution center in Memphis.
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