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GNC says it will explore “strategic alternatives” – may go public, may sell company

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GNC Corp. (Pittsburgh) said it has decided to explore strategic alternatives, including a possible sale of the company or an initial public offering of shares of common stock.

GNC previously filed a registration statement with the Securities and Exchange Commission for an IPO, which was postponed in August. The registration statement has not been withdrawn.

The nutritional products retailer insisted “the exploration of strategic alternatives will [not necessarily] result in the completion of any transaction.”

 

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