===VCA (WOOF) to be acquired by Mars Inc. for $93/share or $9.1 bln

 

VCA to be acquired by Mars Inc. for $93/share, or approximately $9.1 bln :

• Co announced that they have entered an agreement under which Mars will acquire all of the outstanding shares of VCA for $93 per share, or a total value of approximately $9.1 billion including $1.4 billion in outstanding debt. The transaction price represents a premium of ~41% over VCA's 30-day volume weighted average price on January 6, 2017.
• The company will remain headquartered in Los Angeles, California and will remain focused on its business model and strategic objectives.
• Expect the transaction to close in Q3 2017.