Natural Organics Inc. to shed name in merger.
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The Los Angeles-based company said it will change its name and business by shedding its Great Earth retail vitamin chain and merging with a home-entertainment company based in Wilmington. The company said its directors had previously approved a plan to execute the spinoff by distributing to its shareholders all the stock of N. Org Inc., the wholly owned subsidiary that operates the vitamin store business, on a share-for-share basis.
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