PetSmart (PETM) Sells Itself for $8.7 Billion

Shares of PetSmart Inc. (PETM) were up +3.58 or +4.61 percent to $81.25 per share in Monday’s premarket, after the company announced yesterday that it was being acquired by a foreign based private investor group for $83.00 per share. PetSmart shares closed at $77.67, down -0.77 or -0.98 percent in Friday’s regular session. Phoenix, Arizona Read the full article... Read the rest of PetSmart (PETM) Sells Itself for $8.7 Billion at InvestorGuide.com .