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Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the completion of its acquisition by private equity funds affiliated with Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 With the completion of the acquisition, Rover stockholders are entitled to receive $11.00
Transaction Terms The merger agreement includes a customary 30-day “go-shop” period expiring on December 29, 2023. During this period, Rover and its advisors will be permitted to solicit, consider and negotiate alternative acquisition proposals from third parties. Closing of the transaction is not subject to a financing condition.
I will also reinforce how we are building a business that will grow profitably without the need for mergers or acquisitions and, therefore, which has the luxury of us looking at external opportunities for the few that may meet our strict value investment criteria. Turning now to Barrick's 100%-owned Fourmile project.
I want to start this presentation with some reflection back to the time of the merger, where we committed to a clear strategy for building the new Barrick into the world's most valued mining company. And last year, we made tangible progress in what we call our journey to zero, posting the best results since the merger.
Our forward-looking statements do not reflect the potential impact of significant transactions we may enter into such as mergers, acquisitions, dispositions, joint ventures, or any material agreements that we may enter into, amend, or terminate. We assume no obligation to update these statements as circumstances change.
In 2011, we launched a dedicated private wealth business. And we have no insurance liabilities. Yesterday, the FTC released its planned draft merger guidelines, which appeared to crack down particularly hard on platform and roll-up strategies that private equity firms have used to create some of their best outcomes.
Please note, except where otherwise noted, the company will speak to results from continuing operations, excluding acquisition accounting adjustments and net nonrecurring and/or significant items, often referred to by management as other significant items. of acquisition accounting adjustments and $0.03 and included $0.29
We navigated some tough market demand conditions and the distractions of the terminated merger with WillScot. We also have opportunities for additional long-term growth in several regional markets where we gained an initial foothold through our modular acquisitions. Long term, we believe strongly in the horsepower of this business.
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