Patterson Cos. (NASDAQ:PDCO) earlier traded through its $31.35 a share sale to Patient Square even as analysts downplayed the idea of a higher offer for the dental products company. Some investors may believe that Patterson (PDCO) could get a higher bid in a 40-day go shop period after it agreed to the $4 billion sale to Patient Square.

The Mendota Heights-based supplier of dental equipment and veterinary supplies is set to be acquired by a California private equity firm.

The dental and animal health-care company agreed to be acquired by health-care investment firm Patient Square Capital in a deal valued around $4.1 billion.

Patterson Cos. said it agreed to be bought by private equity firm Patient Square Capital in a deal worth $2.8 billion in cash.

The deal follows Patterson’s announcement just last week that it was conducting a strategic review searching for ways to maximize shareholder value. The company cut its annual outlook at the

Patterson Cos. announced Wednesday that it would be acquired by private-equity firm Patient Square Capital in a $4.1 billion deal. Patterson, a distributor specializing in equipment for the animal health and dental markets,

Patterson Cos. Inc., a provider of supplies for the veterinary and dental sectors, said Wednesday it has agreed to be sold to a health care investment firm in a deal worth $4.1 billion including debt.