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PetSmart values Chewy at $7 billion

(Bloomberg)—PetSmart Inc. is taking Chewy.com public at a proposed valuation of around $7 billion after a contentious ownership battle between PetSmart’s creditors and its private equity investors. By listing Chewy, PetSmart is hoping to cash in on robust growth at its online unit. Chewy on Monday filed an amended registration form setting a price range […]

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