PetSmart to be Sold for $8.7 Billion
December 15, 2014
PetSmart Inc., one of the largest U.S. pet store chains, has agreed to be taken over by an investment group in a transaction valued at $8.7 billion. The tentative deal is expected to have no effect on the more than 800 Banfield veterinary hospitals that operate inside PetSmart stores. “Banfield Pet Hospital has an agreement… Continue reading...