PetMed Express Receives Unsolicited Offer From Cardone Ventures for $4.25 per Share
ByAinvest
Wednesday, Dec 17, 2025 9:18 am ET1min read
PETS--
PetMed Express, an online pet pharmacy, has received a full buyout offer from Cardone Ventures at $4.25 per share, implying an equity value of $89 million. The offer targets all outstanding shares and is non-binding, with the parties possibly not reaching a definitive agreement or the deal not closing. PetMed Express shares have soared with a 36% gain on Tuesday.
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