Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
16 Dec 2024 Acquired Mars Inc. (the chocolate story)
“I believe in 2007 they took a large stake, and then in 2015 they fully bought out PetSmart for 100% ownership.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 16 Dec 2024
- Publisher
- Acquired
- Episode
- Mars Inc. (the chocolate story)
Transcript context
…That’s right because most of them are actually in PetSmarts. That partnership is now ended, and Mars now owns Banfield outright 100%. I believe in 2007 they took a large stake, and then in 2015 they fully bought out PetSmart for 100% ownership. That’s interesting. It is worth noting. We did some sleight of hand there. That’s a completely different business, pet hospitals, than dog food. Related, in pet care, you can use the pet hospitals as a channel for your dog food, but a very different type of operation that needs to be performed.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.