The pet supply retailer agreed to be purchased by a private equity consortium following calls by activist investors for a sale. (entrepreneur.com)
The bids comes from two private equity firms and one private equity consortium, according to The Australian. (finalternatives.com)
Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $ 8.7 billion, in the largest leveraged buyout of the year. (entrepreneur.com)