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Dearth

12-15-2014 07:11 AM

Petsmart

The American pet superstore chain is being sold to Canadian investors for 8.7 billion should be interesting to see what comes of it and why American investors in the company were so keen to sell it.

http://www.cbc.ca/news/business/pets...873162?cmp=rss

saltcreep

12-15-2014 06:22 PM

The purchasers are a consortium of PE investors which includes Quebec based La Caisse. So it won't be "Canadian owned" per se...only partly.

It'll be interesting to see what direction the chain takes in the future.

mike31154

12-15-2014 09:43 PM

We had to retaliate for Burger King buying our beloved Tim Horton.

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