Rover Group announced that the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended expired at 11:59 p.m. Eastern Time on January 12, 2024. The expiration of the waiting period under the HSR Act was one of the conditions to the closing of the pending acquisition of Rover by private equity funds managed by Blackstone contemplated by the Agreement and Plan of Merger, dated as of November 29, 2023, between Rover, Biscuit Parent, LLC and Biscuit Merger Sub. The transactions contemplated by the Merger Agreement remain subject to other customary closing conditions, including the adoption of the Merger Agreement and the approval of the Merger by Rover stockholders.
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