Thane International Inc., which had previously hinted at a merger with an unnamed consumer products supplier, has called off the deal, according to a company statement.
The deal, which was announced Aug. 14, would have combined Thane, a fitness, health and beauty and house wares marketer, with a privately held firm. But the La Quinta, CA-based direct response television firm said that certain conditions necessary for the merger had not been met. Thane did not release the name of the other company involved in the agreement.
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