Latham Reps Carlyle Group In $3.8B NBTY Acquisition

Law360, New York (July 15, 2010, 12:41 PM EDT) -- The Carlyle Group will acquire nutritional supplement manufacturer NBTY Inc. in a $3.8 billion deal, the companies announced Thursday.

Under the terms of the deal, the asset management group will acquire all outstanding common shares of NBTY for $55 per share in cash, a figure that represents a 57 percent premium over NBTY's average closing share price during the 30-day period ending July 14, the companies said in a joint statement.

The transaction will be financed through a combination of equity contributed by Carlyle Partners V,...
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