PetMeds Announces Proposed Sale-Leaseback Of Delray Beach, FL Buildings For $37M
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Why It Matters
PetMeds is selling some buildings it owns in Florida for $37 million, then renting them back from the new owner. This means the company gets cash now but will pay rent later—a way to unlock money without closing down operations.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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