Cardone Ventures Announces Unsolicited $4.25 Per Share All-Cash Proposal to Acquire PetMed Express

Core Viewpoint - Cardone Ventures has made an unsolicited proposal to acquire PetMed Express, Inc. for $4.25 per share, indicating a total equity value of approximately $89 million [1] Group 1: Acquisition Proposal - The proposal is non-binding and has been submitted to the Board of Directors of PetMed Express [1] - The acquisition price of $4.25 per share represents a significant valuation for PetMed Express [1] - The proposal is not contingent on any financing, indicating Cardone Ventures' confidence in the acquisition [1]