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eDiets.com negotiates $1.57 million private placement of securities
BBS Capital Fund is lead investor for deal which will settle Feb. 11
By Devika Patel
Knoxville, Tenn., Feb. 8 - eDiets.com, Inc. said it will conduct a private placement. BBS Capital Fund, LP is the lead investor for the $1.57 million deal.
Settlement is expected Feb. 11.
Proceeds will be used as working capital.
eDiets.com, based in Deerfield Beach, Fla., provides online diet and fitness information and advice.
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