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Blackstone acquires pet care app Rover in $2.3 billion all-cash deal (abcnews.go.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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

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[–] GenXLiberal@lemmy.world 36 points 11 months ago (1 children)

Private equity will be the death of anything good.

[–] AdamEatsAss@lemmy.world 13 points 11 months ago* (last edited 11 months ago)

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

[–] automattable@lemmy.world 28 points 11 months ago

RIP Rover :(

[–] cheese_greater@lemmy.world 15 points 11 months ago (1 children)

Is this like the Uber of pet stuff?

[–] sonals@lemmy.world 19 points 11 months ago

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

[–] frickineh@lemmy.world 10 points 11 months ago

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