Blue Buffalo chooses IPO bookrunners

Premium petfood company Blue Buffalo has hired banks for an initial public offering that could come later in 2014, according to sources. The company has selected JPMorgan Chase & Co., Morgan Stanley and Citigroup Inc. to lead the IPO.

Premium petfood company Blue Buffalo has hired banks for an initial public offering that could come later in 2014, according to sources.

The company has selected JPMorgan Chase & Co., Morgan Stanley and Citigroup Inc. to lead the IPO. Blue Buffalo is looking to go public amid positive industry trends like rising pet ownership and an increase in spending among pet owners for their animals.

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