(Bloomberg) — S. Daniel Abraham, the New Yorker who became a billionaire by tempting dieters with Slim-Fast meal-replacement shakes and selling his company in 2000 to Unilever NV, has died. He was 100 ...
Unilever will this Thursday admit that its $2.6bn (£1.4bn) acquisition of Slim-Fast in 2000 was a failure by writing off nearly half the value of the diet foods business. Unilever will this Thursday ...
S. Daniel Abraham, a onetime traveling salesman who started a line of weight-loss products led by the popular Slim-Fast diet drinks and who later used his fortune as a major Democratic political donor ...