Blyth, the owner of Visalus has released a statement confirming the possible sale to CVLS:

“GREENWICH, Conn., Oct. 29, 2013 /PRNewswire/ — Blyth, Inc. (NYSE: BTH), a direct to consumer company and leading designer and marketer of health & wellness products, beauty products and candles and accessories for the home sold through the direct selling and direct marketing channels, today confirmed that it has received an unsolicited proposal from CVSL, Inc. to acquire, subject to conditions, all of the public common shares of Blyth for a per share consideration of $16.75, or approximately $269 million payable in CVSL shares or cash.

The proposal is conditioned on diligence and the negotiation of definitive documentation and is not supported by financing.  The proposal references a meeting last week between principals of Blyth and principals of CVSL; the Company noted this meeting was held at the request of CVSL and the principals did not discuss a business combination of Blyth and CVSL.

The Company will review the proposal with its Board of Directors and legal and financial advisors.”