Filed under: Deals, Engagements, Shareholders, Public or private?

Usana Health Sciences (NASDAQ: USNA) closed yesterday at $20.83. This morning, Gull Holdings announced its intention to make an offer to USNA shareholders to acquire all of the outstanding shares of USNA for $26 cash.

USNA is a developer & manufacturer of nutritional and personal care products. The stock is up 22% this day on the acquisition news.

M&A Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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This entry was posted on Sunday, June 29th, 2008 at 4:15 pm and is filed under Engagements and Deals News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.