Cardone Ventures, backed by billionaire investor, Grant Cardone and his business partners Brandon and Natalie Dawson, announces 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. PetMeds’ national pet pharmacy platform, customer relationships, fulfillment infrastructure, and regulatory capabilities present a compelling opportunity for operational enhancement under private ownership.
Read the full article: Cardone Ventures Announces Unsolicited $4.25 er Share All-Cash Proposal to Acquire PetMed Express //
Source: https://www.businesswire.com/news/home/20251216526935/en/Cardone-Ventures-Announces-Unsolicited-%244.25-Per-Share-All-Cash-Proposal-to-Acquire-PetMed-Express