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

by Benzinga Staff
December 2, 2014 5:32 AM | 23 seconds read | Make a Comment

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Apollo Global Management (NYSE: APO) is said to be the most likely winner for PetSmart (NASDAQ: PETM), according to a source close, as reported by the NY Post. 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.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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