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Rover Group Announced It Entered Into A Definitive Agreement To Be Acquired By Blackstone In $2.3B Transaction; Stockholders Will Receive $11/Share In Cash

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.

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