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Petiq ( (PETQ) ) has provided an update.
PetIQ, Inc. has successfully completed its acquisition by Bansk Group for approximately $1.5 billion in an all-cash transaction, leading to its delisting from Nasdaq and becoming a privately held entity. Shareholders received $31.00 per share, and the company aims to enhance its pet health services and products under the new ownership. Bansk Group, a private investment firm, plans to leverage its expertise to bolster PetIQ’s growth and market presence in the pet healthcare sector.
For a thorough assessment of PETQ stock, go to TipRanks’ Stock Analysis page.