PetSmart AVR Reference
AVR Reports
News Reports
Reference Material
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AVR Reports
News Reports
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March 19, 2015, Reuters: "Hedge funds hot "appraisal" strategy
for deals may become a lot less appealing" [Record amount of
appraisal rights investment in PetSmart buyout before expected change
in law]
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March 11, 2015 Wall Street Journal: "PetSmart to Get New
Leadership Upon Buyout" [PetSmart CEO surprises buyer by taking $24
million exit]
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December 23, 2014 Financial
Times: "Private equity hopes Petsmart marks a turn"
[Market conditions for private equity buyout opportunities to realize
intrinsic value]
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December 17, 2014 Wall Street Journal | MoneyBeat: "Dealpolitik:
A Different Deal for One PetSmart Shareholder" [One reason why
Delaware provides appraisal rights]
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December 15, 2014 Financial Times | Lex: "Petsmart: hitting it
out of the park | If private equity is buying, think carefully about
selling" [Smart investors take advantage of forced sale]
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December 15, 2014 Bloomberg: "Activists Jana, Elliott Each
Gain 40% on PetSmart and Riverbed" [Activists' forced sales create
opportunities for investors in intrinsic value of companies]
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December 15, 2014 Wall Street Journal | MoneyBeat (article and
video): "BC Partners Thinks It Has a Hidden Gem In PetSmart"
[Buyer's view of acquired company's value in excess of market price]
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December 14, 2014
Bloomberg: "PetSmart Will Be Acquired for $8.3 Billion by BC
Partners" [Anticipated buyout pressed by activist and
supported by participating stockholder]
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December 8, 2014 New York Post: "Lenders leashed in PetSmart
auction" [Bidding for PetSmart constrained by regulatory review]
Reference Material
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