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As expected, direct-response marketing company As Seen On TV Inc. on Oct. 31 entered into a merger agreement with online diet company eDiets.com Inc.
EDiets.com will continue as the surviving corporation and a wholly owned subsidiary of As Seen On TV, according to a Form 8-K filed Oct. 31. The two companies had signed a letter of intent related to the deal in August.
As Seen On TV will issue total merger consideration of 19,077,252 of...