30 November 2023

On November 29th, 2023, Rover Group Inc (NASDAQ: ROVR) announced that it has entered into a definitive agreement to be acquired by private equity funds managed by Blackstone.

Under the terms of the agreement, Rover stockholders will receive $11.00 per share in cash.

Founded in 2011 and based in Seattle, Rover is an online marketplace for pet care. Rover connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, including doggy daycare, dog walking, and drop-in visits.

Rover Agrees to be Acquired by Blackstone in $2.3 Billion Transaction

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