Carlyle strikes $3.8 billion deal for NBTY

[Arnold]

Carlyle strikes $3.8 billion deal for NBTY By Megan Davies and Shradhha Sharma NEW YORK/BANGALORE (Reuters) – Carlyle Group CYL.UL struck a $3.8 billion deal on Thursday to buy U.S. nutritional supplements maker NBTY Inc (NTY.N), beating several other buyout firms to clinch one of the biggest private equity deals so far this year. Carlyle’s [...]

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[GregW]

Fantastic! Carlyle will pay themselves a hefty half billion dollar dividend out of the debt they raise to acquire NBTY. NBTY will then be unable to service the debt without laying off workers at Vitamin World, Solgar, Met-Rx, and its other brands.