Bark Inc. Receives Competing Buyout Proposals from Great Dane Group and GNK/Lemonis Group

Reuters02-03 05:10

Bark Inc. Receives Competing Buyout Proposals from Great Dane Group and GNK/Lemonis Group

BARK, Inc., a global omnichannel dog brand, has engaged Moelis & Company LLC as financial advisor and Sidley Austin LLP as legal advisor to assist a special committee of its Board of Directors in reviewing and evaluating preliminary non-binding proposals regarding the potential acquisition of the company. The company has received two indicative proposals: one from Great Dane Ventures, LLC, a group of current stockholders including CEO Matt Meeker, offering $0.90 per share in an all-cash transaction; and another from GNK Holdings LLC and Marcus Lemonis, proposing an all-cash transaction at $1.10 per share. The special committee is in the process of evaluating these proposals and any others that may emerge. There is no assurance that any definitive agreement will be reached.

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. Bark Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260202529683) on February 02, 2026, and is solely responsible for the information contained therein.

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Receives Competing Buyout Proposals from Great Dane Group and GNK/Lemonis Group\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/BARKW\">BARK, Inc.</a>, a global omnichannel dog brand, has engaged Moelis &amp; Company LLC as financial advisor and Sidley Austin LLP as legal advisor to assist a special committee of its Board of Directors in reviewing and evaluating preliminary non-binding proposals regarding the potential acquisition of the company. The company has received two indicative proposals: one from Great Dane Ventures, LLC, a group of current stockholders including CEO Matt Meeker, offering $0.90 per share in an all-cash transaction; and another from GNK Holdings LLC and Marcus Lemonis, proposing an all-cash transaction at $1.10 per share. The special committee is in the process of evaluating these proposals and any others that may emerge. 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Receives Competing Buyout Proposals from Great Dane Group and GNK/Lemonis Group\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/BARKW\">BARK, Inc.</a>, a global omnichannel dog brand, has engaged Moelis &amp; Company LLC as financial advisor and Sidley Austin LLP as legal advisor to assist a special committee of its Board of Directors in reviewing and evaluating preliminary non-binding proposals regarding the potential acquisition of the company. The company has received two indicative proposals: one from Great Dane Ventures, LLC, a group of current stockholders including CEO Matt Meeker, offering $0.90 per share in an all-cash transaction; and another from GNK Holdings LLC and Marcus Lemonis, proposing an all-cash transaction at $1.10 per share. The special committee is in the process of evaluating these proposals and any others that may emerge. 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