PHOENIX–(BUSINESS WIRE)–PetSmart, Inc. (NASDAQ: PETM) (“PetSmart”) appear that its stockholders accustomed the accretion of PetSmart by a bunch led by BC Partners, Inc. and including La Caisse de dépôt et adjustment du Québec, affiliates of StepStone Group LP and Longview Asset Management, LLC at its appropriate affair of stockholders captivated March 6, 2015. Subject to the achievement or abandonment of all closing altitude accompanying to the transaction, PetSmart expects the transaction to aing on March 11, 2015. At the closing of the transaction, PetSmart stockholders will receive, for anniversary allotment of PetSmart accepted stock, $83.00 in cash.
PetSmart, Inc. (NASDAQ: PETM) is the bigger specialty pet banker of casework and solutions for the lifetime needs of pets. At PetSmart, we accept pets accomplish us bigger people. That’s why we actualize added moments for bodies to be aggressive by pets. This mission impacts aggregate we do for our customers, the way we abutment our associates, and how we accord aback to our communities. We apply about 53,000 associates, accomplish about 1,404 pet aliment in the United States, Canada and Puerto Rico and about 202 in-store PetSmart ® PetsHotel ® dog and cat boarding facilities. PetSmart provides a ample ambit of competitively priced pet aliment and pet articles and offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day affliction casework and pet acceptance casework in-store. Through petsmart.com and pet360.com, we action the best absolute online pet food and pet affliction advice in the U.S. Through our in-store pet acceptance affiliation with absolute nonprofit organizations, PetSmart Charities ® and PetSmart Charities ® of Canada, PetSmart helps to save the lives of added than 400,000 abandoned pets anniversary year. In addition, PetSmart supports organizations that accomplish communities a bigger abode to alarm home through our alms program, PetSmart Gives Back™. By giving aback to the communities area we alive and work, PetSmart not alone celebrates the adeptness of pets to adorn people’s lives—we alive it.
This advice contains advanced statements regarding, amid added things, statements accompanying to our expectations for approaching performance, and expectations apropos our accumulation advance program, goals, plans, objectives and approaching events. PetSmart intends such advanced statements to be covered by the safe anchorage accoutrement for advanced statements independent in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Reform Act of 1995. In some cases, advanced statements can be articular by the afterward words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “outlook,” “guidance” or the abrogating of these acceding or added commensurable terminology, although not all advanced statements accommodate these words. The advanced advice and statements are or may be based on a alternation of projections and estimates and absorb risks and uncertainties. These risks and uncertainties accommodate such factors as: (1) the accident of any event, change or added affairs that could accord acceleration to the abortion of the alliance agreement, (2) the abortion to access PetSmart stockholder approval or the abortion to amuse any of the added closing conditions, (3) the risks accompanying to the debt costs arrange entered into in affiliation with the alliance agreement, (4) the risks accompanying to disruption of management’s absorption from PetSmart’s advancing business operations due to the transaction, (5) the aftereffect of the advertisement of the transaction on the adeptness of PetSmart to absorb and appoint key cadre and advance relationships with its customers, suppliers and others with whom it does business, or on its operating after-effects and business generally, (6) changes in accepted bread-and-er conditions, (7) the capability of PetSmart’s accumulation advance affairs in abbreviation costs and accretion profitability, (8) conditions affecting chump affairs and boilerplate admission including, but not bound to, acclimate altitude or added melancholia events, (9) PetSmart’s adeptness to attempt finer and advance PetSmart’s accumulation chain, (10) PetSmart’s adeptness to finer administer its advance and operations, (11) changes in PetSmart’s structure, and (12) changes in the acknowledged or authoritative environment. Additional risks are declared beneath Item 1A, “Risk Factors,” in PetSmart alternate filings with the Securities and Exchange Commission (“SEC”), including PetSmart’s anniversary address on Form 10-K for the year concluded February 2, 2014 filed on March 27, 2014 and in PetSmart’s afterwards filed Form 10-Qs. Given these uncertainties, disproportionate assurance should not be placed on these advanced statements. PetSmart does not undertake any obligation to absolution any revisions to these advanced statements about to reflect contest or affairs afterwards the date of this advice or to reflect the accident of hasty events.
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