Banfield Predicts Business as Usual if PetSmart Is Sold
August 25, 2014
PetSmart, the nation’s largest pet products retailer and the home to most Banfield veterinary hospitals, may be on the sales block. The Phoenix-based retailer reported Aug. 19 that it would consider a sale in light of claims by minority investor Jana Partners that PetSmart has “clearly underperformed for shareholders” and should “conduct a full review… Continue reading...