Valuations & Acquisitions: Sharks Are Circling, Blood’s in the Water

So, as the opportunistic buyers bite into their low-hanging fruit, the mergers and acquisitions sharks are conspicuously absent. One such shark is Alex Tabibi, CEO of Hazelton, Pa.-based holding company Pets United. Tabibi, who built a $75 million empire by acquiring common pet URLs, such as Bird.com and Fish.com, is lying in wait. In fact, his acquisition plans are on hold, waiting until the market shakes out.