As part of the transaction, PetIQ paid $100 million in cash, $30 million of promissory notes issued to VIP Petcare Holdings, Inc. (the "Seller") and approximately $90 million in equity interests.
Acquisition
PetIQ acquires VIP Petcare
As part of the transaction, PetIQ paid $100 million in cash, $30 million of promissory notes issued to VIP Petcare Holdings, Inc. (the "Seller") and approximately $90 million in equity interests.