January 7, 2015Retention Bonus Award • January 12th, 2015 • Petsmart Inc • Retail-retail stores, nec
As you know, on December 14, 2014, PetSmart, Inc., a Delaware corporation (the “Company”), entered into that certain Agreement and Plan of Merger (the “Merger Agreement”) with Argos Holdings Inc., a Delaware corporation (“Parent”), and Argos Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), pursuant to which Merger Sub will merge with and into the Company, with the Company surviving (the “Merger”). Parent and Merger Sub are affiliates of funds advised by BC Partners, Inc. (“BC Partners”) and, following the consummation of the Merger, the Company will be owned by a consortium comprised of funds advised by BC Partners, La Caisse de dépôt et placement du Québec, affiliates of GIC Special Investments Pte Ltd, affiliates of StepStone Group LP, and Longview Asset Management, LLC.
