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Usana Gets Bid From CEO-Led Group

By Keith J. Winstein
Word Count: 336  |  Companies Featured in This Article: Usana Health Sciences

An investors' group controlled by the chief executive of Usana Health Sciences Inc. is offering to take it private in a deal that values the vitamin company at about $426 million.

Myron Wentz, Usana's majority shareholder and CEO, said he had assembled a group holding 68% of the company's shares and would offer $26 a share, or about $136 million, for the shares the group didn't already own. ...

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