Petsmart dating policy
That would make the sale of Chewy the biggest e-commerce acquisition in history, even larger than Wal-Mart's .3 billion deal for last year.
"We are focused on improving our customers' experience in-store and online as we continue to execute against our long-term strategic initiatives.
But a lot of companies don't let the rank and file decide--they adopt policies that ban or limit workplace dating--all in the name of lowering liability.
Enforcing these policies can take their toll on a company. Earlier this year, Best Buy's chief executive, Brian Dunn, stepped down after an investigation by the board discovered he had shown "extremely poor judgment" with a 29-year-old female employee.
The acquisition, which is subject to customary regulatory approvals, is expected to close by the end of Pet Smart's second fiscal quarter. However, tech media site Recode reported that the deal in place is valued at .35 billion, according to its sources.
Pet Smart, the nation's largest pet-supplies retailer, has agreed to acquire Chewy.com, the market's No. The combination of Phoenix-based Pet Smart, with 1,500 stores nationwide, and Chewy, based outside Miami, will enhance both companies' reach, the companies said Tuesday.
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He's also a former talk radio host (KTLK AM 1150 at Clear Channel) and an entrepreneur himself, as the founder of Legal Endeavor.
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