Mars. Inc. is beefing up its fast-growing pet care division with a deal to acquire the Colorado-based veterinary care firm Heska Corp.
The privately held McLean company said Monday that it is buying Heska (NASDAQ: HSKA) for about $120 per share, or about $1.3 billion, based on the 10.87 million shares outstanding of Heska stock, per its latest proxy filing.
The deal, expected to close in the second half of this year, is one of the first big moves for the company under CEO Poul Weihrauch, formerly…
