Connect with us on Facebook Follow us on Twitter Join our LinkedIn Group Subscribe to us on YouTube Share with us on Google+ Subscribe to our RSS feed

March 19, 2013

U.S. News

Longaberger, CVSL Finalize Agreement


In accordance with a January letter of intent, The Longaberger Company has signed a definitive agreement with Computer Vision Systems Laboratories Corp. (CVSL) to integrate the 40-year-old company into CVSL’s direct selling strategy.

With the transaction, publicly held CVSL acquires a controlling interest in Longaberger. “It’s fitting that in our 40th anniversary year we can fulfill my father’s dream that our sales field and employees will have the opportunity to share in ownership of our business,” said President and CEO Tami Longaberger.

Longaberger is the first direct selling company to join forces with CVSL in its vision to become what Chairman John Rochon calls a “worldwide champion of micro-enterprise.”

Read the full press release here.