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Tuesday, March 31, 2015

GNC pleased with accord on herbal testing in N.Y. case

GNC Holdings' agreement Monday with New York state to conduct new, more thorough testing procedures for herbal supplements resulted in a nearly 7 percent rise in the company's share price as both sides heralded the accord as a victory. The Downtown Pittsburgh-based company was one of four retailers New York accused of selling supplements whose ingredients could not be verified or that contained ingredients not listed on the labels.

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