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twitterBear Stearns unit buys retailer
Monday, Dec. 2, 2002 | 9:42 a.m.
NEW YORK -- Bear Stearns Cos' private equity unit said it bought a controlling stake in Vitamin Shoppe Industries Inc. from JPMorgan Partners and FdG Associates.
The securities firm paid about $310 million for the seller of vitamins and nutritional supplements, according to the New York Times, which said the sale was completed last week. Bear Stearns spokesman Russell Sherman declined comment on the price and timing of the transaction.
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