PetSmart Sold for $8.7 Billion

A consortium led by BC Partners has acquired pet products retailer PetSmart. 

April 6, 2018

PetSmart Sold for $8.7 Billion

The consortium has agreed to purchase the company at a price of $83 per share in cash, representing a premium of 39 percent over PetSmart’s unaffected closing share price on July 2.

The deal is valued at approximately $8.7 billion and is expected to close in the first half of 2015. 

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