Author: A Place for Rover, Inc

SEATTLE, Feb. 27, 2024 (GLOBE NEWSWIRE) — Rover Group, Inc. (“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 worth about $2.3 billion. The transaction was previously announced on November 29, 2023 and approved by Rover stockholders at a special meeting of Rover stockholders held on February 22, 2024. Upon completion of the acquisition, Rover stockholders will be entitled to receive $11.00 in cash for each share of Rover common stock they owned immediately prior to closing.…