Potter Anderson Advises VCA Inc. in $9.1 Billion Acquisition by Mars
Mars, Incorporated and VCA Inc. have entered an agreement under which Mars will acquire all of the outstanding shares of VCA for $93 per share, or a total value of approximately $9.1 billion including $1.4 billion in outstanding debt. The agreement has been unanimously approved by the boards of directors of both companies.
Upon completion of the transaction, VCA will operate as a distinct and separate business unit within Mars Petcare, alongside its other Veterinary Services businesses, BANFIELD® Pet Hospital, BLUEPEARL® and PET PARTNERS™.
The Potter Anderson team is led by partner Michael B. Tumas.
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