Rover Group

Rover Group, Inc. is an online marketplace for pet care that connects dog owners with local dog sitters. Its services include dog boarding, in-home pet sitting, doggy daycare, dog walking, drop-in visits, and grooming. The firm builds a platform and mobile app to enable pet parents to discover, book, pay, and review loving pet care providers online and eliminates many of the barriers of pet ownership. The company was founded on June 16, 2011 and is headquartered in Olympia, WA.

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Rover Group excels in Q4 2022, eyes international growth in 2023

Rover Group's Q4 2022 performance reflects strong financials, record bookings, and strategic growth initiatives, setting a positive trajectory for 2023.
While facing challenges in market dynamics and evolving customer behaviors, the company's proactive measures and strategic focus on international growth position it well for the future.
Opportunities lie in untapped market segments, international expansion, and operational enhancements, offering avenues for sustained growth and profitability.
With a solid foundation from 2022 and a clear roadmap for 2023, Rover Group is poised for continued success through strategic investments and market expansion.

Rover Group posts robust Q1 results, eyes pricing optimization

Rover Group's Q1 performance reflects strong financial results, positive adjusted EBITDA, and strategic growth initiatives.
The company's focus on customer experience enhancement and international expansion bodes well for future profitability and market positioning.
Challenges in pricing strategies and market dynamics require careful navigation, but opportunities in pricing optimization and market expansion are evident.

Rover Group (ROVR) reports stellar Q2 results, raises full-year guidance

Rover Group's Q2 2023 performance reflects strong growth momentum, operational efficiency, and strategic investments driving financial success. The company's focus on product enhancements, international market expansion, and cost management positions it well for sustained growth and profitability.
While challenges such as macroeconomic uncertainties and marketing efficiency persist, Rover Group's ability to adapt investment strategies and monitor key metrics will be critical in navigating potential headwinds and seizing growth opportunities.

Rover Group posts strong Q3 earnings, raises guidance for 2023

Rover Group's Q3 2023 earnings call highlighted robust financial performance, strong customer acquisition, and effective cost management, positioning the company for continued growth and success.
The company's strategic strengths in new business development, marketing, and partnerships, coupled with raised guidance for 2023, underscore confidence in future prospects and financial outlook.
While challenges such as market dynamics and competition persist, Rover Group has opportunities to capitalize on its current momentum, optimize operations, and drive further growth through strategic initiatives.

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Rover Group, Inc. engages in the development and operation of an online marketplace for pet care that connects dog owners with local dog sitters. Its services include dog boarding, in-home pet sitting, doggy daycare, dog walking, drop-in visits, and grooming. The firm builds a platform and mobile app to enable pet parents to discover, book, pay, and review loving pet care providers online and eliminates many of the barriers of pet ownership. The company was founded by Aaron Patrick Easterly on June 16, 2011 and is headquartered in Seattle, WA.

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.

Blackstone Completes Acquisition of Rover

NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

ROVER GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Rover Group, Inc. - ROVR

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 private equity funds managed by Blackstone Inc. ("Blackstone") (such pending acquisition, collectively with the transactions contemplated by the Merger Agreement, the “Merger”) contemplated by the Agreement and Plan of Merger, dated as of November 29, 2023, between Rover, Biscuit Parent, LLC and Biscuit Merger Sub, LLC (the "Merger Agreement"). The transactions contemplated by the Merger Agreement remain subject to other customary closing conditions, including the adoption of the Merger Agreement and the approval of the Merger by Rover stockholders.

Rover Announces Expiration of Hart-Scott-Rodino Waiting Period

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LOS ANGELES, CA / ACCESSWIRE / January 8, 2024 / 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 by private equity funds managed by Blackstone ("Blackstone").

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Rover Group, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 3, 2024 / 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 by private equity funds managed by Blackstone ("Blackstone").

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Rover Group, Inc. and Encourages Investors to Contact the Firm

Acquisition by Blackstone Expected to Close in the First Quarter of 2024 Acquisition by Blackstone Expected to Close in the First Quarter of 2024

Rover Announces Expiration of “Go-Shop” Period

LOS ANGELES, CA / ACCESSWIRE / December 28, 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 by private equity funds managed by Blackstone ("Blackstone").

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Rover Group, Inc. and Encourages Investors to Contact the Firm

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LOS ANGELES, CA / ACCESSWIRE / December 13, 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 by private equity funds managed by Blackstone ("Blackstone").

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Rover Group, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 11, 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 by private equity funds managed by Blackstone ("Blackstone").

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Rover Group, Inc. and Encourages Investors to Contact the Firm

Does Rover Group, Inc. (ROVR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Rover Group, Inc. (ROVR) Is Up 26.44% in One Week: What You Should Know

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Rover Group, Inc. (NasdaqGM: ROVR) to affiliates of Blackstone. Under the terms of the proposed transaction, shareholders of Rover will receive $11.00 in cash for each share of Rover that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether th.

ROVER GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Rover Group, Inc. - ROVR

Blackstone Group

Rover Group Inc (NASDAQ: ROVR) jumped nearly 30% on Wednesday after Blackstone Inc (NYSE: BX) said it will buy the online marketplace for pet care services for about $2.30 billion. Rover has a thirty-day go-shop period The all-cash transaction values each share of Rover Group at $11.

Blackstone is buying Rover Group at a big premium

Rover Group announced it has entered into a definitive agreement to be acquired by private equity funds managed by Blackstone in an all-cash deal valued at roughly $2.3 billion, sending its shares more than 28% higher on Wednesday. The world's largest online marketplace for pet care said the $11 per share deal represents a 61% premium to the volume-weighted average price of its Class A shares over the 90 trading days to November 28, 2023.

Rover rallies on news of $2.3B Blackstone takeover

MILWAUKEE , Nov. 29, 2023 /PRNewswire/ -- Ademi LLP is investigating Rover Group, Inc. (Nasdaq: ROVR) for possible breaches of fiduciary duty and other violations of law in its transaction with Blackstone . Click here to learn how to join the https://www.ademilaw.com/case/rover-group-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Rover Group, Inc. has obtained a Fair Price in its transaction with Blackstone

Seattle pet-sitting marketplace Rover announced Wednesday that it has agreed to be acquired by asset manager Blackstone in a deal worth approximately $2.

Rover to be acquired by asset manager Blackstone in $2.3B deal

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Rover Group, Inc. (NASDAQ: ROVR) to affiliates of Blackstone Inc. for $11.00 per share in cash is fair to Rover shareholders. Halper Sadeh encourages Rover shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Rover.

ROVR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Rover Group, Inc. Is Fair to Shareholders

$11.00 Per Share Purchase Price Represents 61% Premium Over 90 trading-day VWAP $11.00 Per Share Purchase Price Represents 61% Premium Over 90 trading-day VWAP

Rover Agrees to be Acquired by Blackstone in $2.3 Billion Transaction

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Rover Group, Duolingo, and Eventbrite command market caps as low as $700 million, a sharp contrast to Shopify, which is approaching $90 billion. Rover has turned profitable, and the pet services platform is gaining traction.

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Are You Looking for a Top Momentum Pick? Why Rover Group, Inc. (ROVR) is a Great Choice

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Rover Group, Nu Holdings, and Archer Aviation are up 120%, 109%, and 166%, respectively, in 2023. Rover is now profitable as the leading digital platform to find pet boarding, sitting, and walking services.

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News for Rover Group Stock (ROVR)