Cardone Ventures Offers $4.25 Per Share to Acquire PetMed Express

Reuters12-17 01:04

Cardone Ventures Offers $4.25 Per Share to Acquire <a href="https://laohu8.com/S/PETS">PetMed Express</a>

Cardone Ventures, backed by Grant Cardone and his business partners Brandon and Natalie Dawson, has submitted an unsolicited, non-binding proposal to acquire all outstanding shares of PetMed Express, Inc. for $4.25 per share in cash. The offer values PetMed Express at approximately $89 million and is not subject to any financing contingency. Cardone Ventures highlighted PetMed Express's established brand, fulfillment infrastructure, and customer relationships as key strategic assets, and stated its intention to apply operational expertise to drive growth and long-term value. The proposal remains subject to customary due diligence, a definitive agreement, and required approvals. There is no assurance that a definitive agreement will be reached or that the transaction will be completed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PetMed Express Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251216526935) on December 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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