Cardone Ventures Makes $89M Bid for PetMeds
Cardone Ventures, led by Grant Cardone and Brandon Dawson, submits $4.25/share cash offer to acquire PetMed Express, valuing the pet pharmacy at $89 million.
Cardone Ventures, led by Grant Cardone and Brandon Dawson, submits $4.25/share cash offer to acquire PetMed Express, valuing the pet pharmacy at $89 million.
PetMed stock jumps after revealing a $4-per-share take-private proposal from SilverCape Investments. The board is reviewing the unsolicited offer amid years of declining performance.