After Considering Sale, Petco Files to Go Public With a Confidential IPO
Pet care retailer Petco Animal Supplies is going public again, announcing Thursday it has confidentially filed for an initial public offering. Although its private equity owners CVC Capital Partners and Canada Pension Plan Investment Board mulled a set of strategic options, including selling the company, they are moving forward with the IPO.
Petco released a statement saying it had yet to decide how many shares it would issue or at what price. The process would begin after the Securities & Exchange Commission reviews its filing.
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Source Fool.com
