BC Partners to Acquire PetSmart: What It Means for Mutual Fund Investors (PETM)
Shauna O'Brien Dec 15, 2014
Inside the Deal
This deal marks the largest private equity deal announced in 2014. Since the announcement of a possible sale, PETM’s share price has risen nearly 40%. The deal is expected to close in the first half of 2015.
Mutual Funds to Watch
|OWSMX||Old Westbury Small & Mid Cap||1.84%|
|VMCIX||Vanguard Mid Cap Index||1.74%|
|VTSMX||Vanguard Total Stock Market Index||1.05%|
The Bottom Line
Shares of PETM are up 11% YTD.
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