PetIQ, Inc. (PETQ) Acquired by Bansk Group for $31/sh Cash or $1.5B

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PetIQ, Inc. Enters into Definitive Agreement to be Acquired by Bansk Group

August 7, 2024 8:00 AM EDT

PetIQ Stockholders to Receive $31.00 Per Share in an All-Cash Transaction Valued at Approximately $1.5 Billion

EAGLE, Idaho, and NEW YORK, New York, Aug. 07, 2024 (GLOBE NEWSWIRE) -- PetIQ, Inc. (PetIQ or the Company) (Nasdaq: PETQ), a leading pet medication, health and wellness company, and Bansk Group (Bansk), a consumer-focused private investment firm dedicated to building distinctive consumer brands, today announced that PetIQ entered into a definitive agreement (the Agreement) pursuant to which Bansk Group will acquire all of the outstanding shares of PetIQs common stock for $31.00 per share, in an all-cash transaction valued at... More