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PanGeo Acquires U.S. Distribution

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By: Sean Moloughney

Editor, Nutraceuticals World

PanGeo Pharma, Montreal, Canada, has acquired Herbal Health, Boise, ID, for 140,000 common shares at a deemed value of $2.50 per common share for total consideration of $350,000. Herbal Health is a branded liquid herbal company with a narrow product offering, which is distributed to over 12,000 retail stores in the U.S.

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