Blackstone acquires pet care app Rover in $2.3 billion all-cash deal

https://abcnews.go.com/Business/wireStory/blackstone-acquires-pet-care-app-rover-23-billion-105245922

Blackstone acquires pet care app Rover in $2.3 billion all-cash deal::Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday

72 points · 6 comments · view on lemmy.world

6 Comments

GenXLiberal@lemmy.world · 36 pts · 2y (1 reply)

Private equity will be the death of anything good.

AdamEatsAss@lemmy.world · 13 pts · 2y

I'm sure the investment bankers have the interests of the rover employees and customers in mind. -s

automattable@lemmy.world · 28 pts · 2y

RIP Rover :(

cheese_greater@lemmy.world · 15 pts · 2y (1 reply)

Is this like the Uber of pet stuff?

sonals@lemmy.world · 19 pts · 2y

Yep, Rover is like the Uber of pet sitting / walking.

frickineh@lemmy.world · 10 pts · 2y

Great, now let's see how they can make it terrible.