ROVER GROUP INC. overview

SEATTLE, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Rover Group, Inc. (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the completion of its acquisition by private equity funds affiliated with Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 billion. The transaction was previously announced on November 29, 2023 and was approved by Rover stockholders at Rover’s special meeting of stockholders held on February...

SEATTLE, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), expired at 11:59 p.m. Eastern Time on January 12, 2024. The expiration of the waiting period under the HSR Act was one of the conditions to the closing of the pending acquisition of Rover by...

SEATTLE, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the expiration of the 30-day “go-shop” period under the terms of the previously announced merger agreement. Under the merger agreement, private equity funds managed by Blackstone Inc. (“Blackstone”) have agreed to acquire Rover in an all-cash transaction valued at approximately $2.3 billion. The...

LOS ANGELES, CA / ACCESSWIRE / December 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Rover Group, Inc. ("Rover" or "the Company") (NASDAQ:ROVR) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Rover board breached its fiduciary duties to shareholders in relation to its approval of the acquisition of the Company...

SEATTLE, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it has entered into a definitive agreement to be acquired by private equity funds managed by Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 billion. Under the terms of the agreement, Rover stockholders will receive $11.00 per share in cash, representing a premium of...

SEATTLE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that management will host 1x1 meetings at the following investor conference: D.A. Davidson Technology Summit Date: Thursday, November 16, 2023 Location: New York Available Information Rover announces material information to the public about the Company, its products and services and other matters through a variety...

Third quarter revenue increased to $66.2 million, up 30% year-over-year GAAP net income was $10.5 million compared to a GAAP net loss of $15.5 million in Q3 2022 Adjusted EBITDA was $17.5 million compared to $10.2 million in Q3 2022 Company raises full year 2023 guidance Board approves extension of share repurchase program with additional $100 million SEATTLE, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (“Rover” or the “Company”) (NASDAQ: ROVR), the world’s largest online...

SEATTLE, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it will report third quarter 2023 financial results after market close on Monday, November 6, 2023. On the same day, management will host a conference call and webcast to discuss Rover’s financial results, recent developments, and business outlook at 1:30 p.m. PT (4:30 p.m. ET). During the conference call and...