Lehman, JPM To Take Vitamin Deal

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Lehman, JPM To Take Vitamin Deal

Lehman Brothers and J.P. Morgan are set to lead the debt financing backing Apollo Management's acquisition of vitamin-store chain GNC from Royal Numico for $750 million.

Lehman Brothers and J.P. Morgan are set to lead the debt financing backing Apollo Management's acquisition of vitamin-store chain GNC from Royal Numico for $750 million. One loan investor said the deal could be interesting as Numico paid $2.5 billion for GNC several years ago. A banker said a structure and pricing is not yet available.

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