SECACUS, N.J. — The Vitamin Shoppe announced on Monday it received a new bid from a third party company that likely would be better than the deal to which the company agreed to a month ago.
The nutritional products retailer said it received a buyout bid from a third party during the “go-shop” period as part of the acquisition agreement with Liberty Tax. but The Vitamin Shoppe did not name the new bidder.
In early August, the Secaucus, N.J., retailer said it had definitively agreed to be acquired by Liberty Tax for $6.50 a share, or $208 million.
As part of that agreement, Vitamin Shoppe had been seeking competing bids from what it said was a range of strategic and financial entities, a so-called go-shop process.
