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The latest announcement is out from Petiq ( (PETQ) ).
PetIQ, Inc., a leading pet health and wellness company, has secured shareholder approval for a merger with Bansk Group, valued at $1.5 billion in an all-cash transaction. This merger is set to close on October 25, 2024, marking a significant step as PetIQ transitions to a privately held entity. The deal, priced at $31 per share, reflects PetIQ’s commitment to providing affordable pet healthcare, while continuing operations through its executive team and extensive network of mobile clinics and wellness centers.
For detailed information about PETQ stock, go to TipRanks’ Stock Analysis page.