M&As: EAS Acquired; GNC Postpones IPO

Largest properties in sports nutrition embark on major changes.

The sports nutrition industry’s largest independent company, Experimental and Applied Sciences Inc. (EAS), changed ownership last year after being acquired by health care company Abbott Laboratories Inc. in a cash deal worth $320 million. North Castle Partners, a leading private equity firm in the health and wellness space, had owned EAS since 1999 and had been rumored to be preparing EAS for sale for at least a year.

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