Nestle Buys Jenny Craig

[Gemini Cricket]

Switzerland's Nestle bought weight-loss company Jenny Craig for around $600 million, it said on Monday, expanding its high-margin nutrition and health business.

Jenny Craig, which according to Nestle had sales of over $400 million in the last 12 months, was founded in 1983 by weight-loss guru Jenny Craig, offering dieters prepared meals and exercise programs.

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Hey, that's kinda funny.