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UPDATE 1-Mars to buy pet health care provider VCA for $7.7 bln

January 9, 2017 1:45 PM
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Jan 9 Mars Inc said it would buy VCA Inc for $7.7 billion, cementing the Whiskas and Pedigree pet food maker's position as the largest operator of pet hospitals in the United States.

Candy maker Mars, also the largest pet food manufacturer in the world, said it would offer $93 for every share, a premium of 31.4 percent to VCA's Friday closing price.

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