The Daily Buyout
$11/share offerMinority stakeConsumer & RetailRumored

GNK floats $11-a-share cash tender offer for BARK

GNK Holdings, an existing BARK shareholder, said it is evaluating a cash tender offer for shares of the pet products company at $11.00 apiece, and is asking fellow holders to submit non-binding indications of interest by October 9. GNK, which previously proposed acquiring BARK outright, cited frustration with the pace of shareholder value creation and wants a larger stake to influence strategy.

Why it matters: It is an unusual pre-tender poll that tests investor appetite before committing capital, and keeps pressure on BARK's board after an earlier rebuffed approach.

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More Consumer & Retail deals

$8.9BStrategic acquisitionConsumer & RetailOct 8, 2026

Fairfax and the Weston family's Wittington buy Boots for $8.9B

Fairfax Financial is partnering with Wittington Investments, the Weston family's holding company, to acquire Boots' UK and Ireland retail operations, Boots Opticians, the No7 Beauty Company, and Boots' Thailand and franchised businesses. The total purchase price is about $8.9 billion, including assumed debt.