Fountain Report Excerpts Dec 17, 2024

Fountain Report Excerpts
  1. Patterson Companies has entered into a definitive agreement to be acquired by healthcare investment firm Patient Square Capital. Patterson shareholders will receive $31.35 in cash per share, for a transaction value of approximately $4.1 billion. The agreement includes a 40-day “go-shop” period, which permits the Patterson Board and advisors to solicit alternative acquisition proposals.
  1. At its 2024 Analyst and Investor Conference, Lowe’s executives said the company is planning to extend its rural assortments to 150 more stores. “Within a convenient shopping experience, customers can expect to find more options in categories such as pet, workwear, automotive supplies and utility vehicles,” the company said.
  1. Feline visits are picking up, per the CATalyst Council, and that spells opportunity, writes Dr. Amanda L. Donnelly. Her advice: Review with staff the statistics showing that cats are an underserved pet population, then brainstorm ways to serve cat owners better and communicate the value of your services. The keys are reducing feline stress during visits, conveying the benefits of medical care and keeping in touch with clients after they leave.

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