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PetMed Express Comments on Unsolicited and Non-Binding Acquisition Proposal Received From SilverCape Investments Limited
Globenewswireยท 2025-12-11 14:45
Core Viewpoint - PetMed Express, Inc. has received an unsolicited acquisition proposal from SilverCape Investments Limited to acquire all outstanding shares for $4 per share in cash, which is subject to due diligence and a definitive agreement but not contingent on financing [1][2] Company Overview - PetMed Express, Inc. is a pioneer in the direct-to-consumer pet healthcare sector, founded in 1996, and operates as a national online pharmacy licensed across all 50 states [3] - The company offers a comprehensive range of pet health solutions, including pharmaceuticals, compounded medications, and OTC supplements through its brands and PetCareRx subsidiary [3] - PetMed Express focuses on value, convenience, and care to empower pet parents in supporting the health of their pets [3]