MLM Company Neways Sold To Private Equity Group

MLM company Neways Inc., which has been the subject of buyout speculation for several months, was sold to a San Francisco private equity firm in a deal concluded late Wednesday.

Terms of the deal weren't disclosed.

Buyer Golden Gate Capital, which specializes in leveraged buyouts and manages about $3 billion in capital, is no stranger to the nutraceuticals industry. The company, along with another private equity firm Whitney & Co. LLC, acquired Herbalife International, a Los Angeles-based weight loss and dietary supplements maker, for about $685 million two years after the death of its multimillionaire founder, Mark Reynolds Hughes, in 2000.

MLM Company Herbalife Reports Higher Q3 Sales

Monday after the closing bell, MLM company Herbalife Ltd., a seller and marketer of nutritional supplement and personal care products, announced third quarter adjusted earnings that rose year-over-year on higher sales. The company provided guidance for the fourth quarter and fiscal 2007 and revised up guidance for fiscal 2006.

New MLM Company "The Balance Company" Launches Products

New MLM company The Balance Company™ announced today that it has launched its first line of innovative products to support a balanced and healthy lifestyle, tackling head-on the issues faced by millions of overworked and stressed-out Americans who crave better health and more balance in their lives. The Balance Company's initial offering is a toolset of products, tips, and ideas that take the guesswork out of figuring out how to achieve better health and balance for both body and mind. Taking a cue from highly successful public companies such as Avon, Herbalife and NuSkin, The Balance Company will sell its new line exclusively through a "customer-direct" model and a national network of independent sales consultants.