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A private equity firm plans to buy vitamin maker NBTY Inc. for $3.8 billion in cash.
Mergers & Acquisitions
Carlyle Group will acquire NBTY for $3.8 billion
Private equity firm will buy vitamin maker NBTY for $3.8 billion in cash
NBTY says the Carlyle Group will acquire all of NBTY's outstanding shares for $55 per share, a 47 percent premium above the stock's closing price of $37.47 on Wednesday.
The deal is expected to close by the end of the year.
NBTY, based in Ronkonkoma, N.Y., makes nutritional supplements and vitamins under the brands Nature's Bounty, Vitamin World and others.
Private-equity deals were scarce during the recession but have increased in 2010.
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