April 17, 2009
XLNT Veterinary Care Inc. has acquired five additional veterinary hospitals in California. Terms of the transactions were not disclosed.
This makes nine hospitals that have been acquired since Echo Healthcare Acquisition Corp., a blank check company, entered into a definitive agreement in September to acquire privately-held XLNT. The transaction is expected to close later in 2007.
XLNT has also agreed to acquire six additional veterinary hospitals which are expected to close in the first quarter of this year.
XLNT, which operates under the name Pet DRx, currently owns and operates 20 veterinary hospitals in California.
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