Jan. 16 at 9:22 AM
$FRPT M&A in pet industry has started. Beyond PETS buyout offer, a second offer came 2 days ago for BARK.
The new CEO of BBBY and major holder of CWH M. Lemonis offered
$1.10 per share, while previously the BARK CEO offered only
$0.90. A new offer by the CEO is expected, to surpass Lemonis' proposal.
Still BARK trades below
$0.95.