Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.