Finkelstein Thompson LLP Investigates Potentially Unfair Buyout of PetSmart, Inc.

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of PetSmart, Inc. PETM, concerning the Company's proposed acquisition by BC Partners. Under the terms of the proposal, PetSmart shareholders will receive $83 for each share of PetSmart stock they own. The total transaction is valued at approximately $8.2 billion.

The investigation is focused on whether PetSmart's Board of Directors breached its fiduciary duty in failing to maximize consideration to shareholders, the potential unfairness of the consideration to shareholders, the process by which the Board considered the transaction, and potential conflicts of interest among the Company's Board members.

If you are interested in discussing your rights as a PetSmart shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC office at (202) 337-8000 or by email at contact@finkelsteinthompson.com.