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0.195286195286195 0.195286195286195 0.228956228956229 0.202020202020202 0.239057239057239 0.232323232323232 0.242424242424242 0.294612794612795
Stock impact report

Cardone Ventures Announces Unsolicited $4.25 Per Share All-Cash Proposal to Acquire PetMed Express

PetMed Express, Inc. (PETS) 
Last petmed express, inc. earnings: 7/23 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: 1800petmeds.com/annualreports.jsp
Company Research Source: Business Wire
MIAMI--(BUSINESS WIRE)--Cardone Ventures, backed by billionaire investor, Grant Cardone and his business partners Brandon and Natalie Dawson, today announced that it has submitted an unsolicited, non-binding proposal to acquire PetMed Express, Inc. (Nasdaq: PETS) (“PetMeds”) for $4.25 per share in cash, representing an implied equity value of approximately $89 million.The proposal was delivered to the Board of Directors of PetMed Express and is not subject to any financing contingency, reflecting Cardone Ventures’ confidence in its ability to execute the transaction.Strategic RationaleCardone Ventures views PetMeds as a strategically important acquisition that aligns with its core mission of acquiring, operating, and scaling businesses with strong brands and meaningful growth potential.PetMeds’ national pet pharmacy platform, customer relationships, fulfillment infrastructure, and regulatory capabilities present a compelling opportunity for operational enhancement under private ow Show less Read more
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