The following corporate finance-related stories were reported by media: * Buyout firms KKR & Co LP and Clayton, Dubilier & Rice LLC (CD&R) have teamed up to take PetSmart Inc private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up.* Monarch Alternative Capital LP abandoned negotiations to take over a $140 million loan to RadioShack Corp (RSH) as the electronics retailer struggled to reach a deal with lenders on a turnaround plan, Bloomberg reported, citing two people with knowledge of the matter. (bloom.bg/1yQzEQy)
PetSmart, Inc. (PetSmart) is a specialty provider of pet products and services in North America. Shares of PETM traded higher by 0.01% or $0.01/share to $73.62. In the past year, the shares have traded as low as $55.00 and as high as $75.44. On average, 949700 shares of PETM exchange hands on a given day and today's volume is recorded at 891953.
RadioShack Corporation (RadioShack) is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain. Shares of RSH fell by 2.24% or $-0.0195/share to $0.85. In the past year, the shares have traded as low as $0.55 and as high as $3.09. On average, 6294840 shares of RSH exchange hands on a given day and today's volume is recorded at 1924754.
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