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Article: Pet DRx Acquires Valley Animal Medical Center in Coachella Valley.
- Article from:
- Obesity, Fitness & Wellness Week
- Article date:
- August 9, 2008
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Pet DRx, Inc. (NASDAQ: VETS) announced it has acquired the Valley Animal Medical Center located in Indio, California. The acquisition will bring to eight (8) the total number of veterinary hospitals located in Coachella Valley owned by the Company. Terms of the transaction were not disclosed. Pet DRx estimates that the annual revenue generated from Valley Animal Medical Center will be in excess of $4 million (see also Pet DRx, Inc.).
"We are very pleased to add Valley Animal Medical Center to our strong network of veterinary practices serving Coachella Valley," said Bob Wallace, the Company's chief executive officer. "Currently, we believe we are the leading ...