Apollo Global Management Most Likely Buyer for PetSmart, Reports NY Post

Apollo Global Management

is said to be the most likely winner for PetSmart

, according to a source close, as reported by the

. The Leon Black-led firm is expected to offer between $78 and $82 per share by the Thursday bid deadline. Shareholder Jana Partners has been pressing for a sale of the pet supply chain. Both Apollo and PetSmart declined comment. PetSmart closed Monday at $78.61, a loss of $0.15.