Patterson Dental reposted this
Patterson Companies, Inc. (NASDAQ: PDCO) announced last week that our shareholders approved the acquisition of Patterson by Patient Square Capital, a dedicated health care investment firm. Don Zurbay, Patterson’s President and Chief Executive Officer, said, “I would like to express my gratitude to the Patterson shareholders for their support today, and throughout this transaction process. The Patterson team is excited about this partnership with Patient Square Capital and beginning our next chapter as a private company. We believe this collaboration will enable us to continue to invest in serving our customers and our business, accelerate our growth, and be well-positioned to achieve our strategic priorities.” Patterson expects the transaction to close later this month, subject to the satisfaction of certain customary closing conditions set forth in the Merger Agreement. Upon completion of the transaction, Patterson will become a privately held company, and its common stock will no longer be traded on the NASDAQ Global Select Market. We remain fully committed to our vision and strategic objectives and will continue to invest in our people, our services, and our customers with the goal of providing unrivaled customer support. #WeArePatterson