CVS Nears Deal with Oak Street Health
CVS Health ($CVS@US) is close to reaching its agreement to acquire Oak Street Health ($OSH@US) for $10.5 billion with a share price of $39, a deal that would expand the healthcare giant’s network of primary-care doctors and senior-focused clinics. Oak Street focuses on the care of patients enrolled in Medicare, and CVS CEO Karen Lynch has indicated that primary care and home-based care are areas of growth for the company. CVS’s acquisition of Oak Street would advance the company’s mission to expand its business beyond retail pharmacy.
UP NEXT
NOW PLAYING: Top Stocks
CVS Nears Deal with Oak Street Health
Dailymotion
UP NEXT
-
Nintendo Cuts Sales Forecast for Switch Console
Dailymotion
-
Baidu Unveils Plans to Launch ChatGPT Style ‘Ernie Bot’
-
U.S. Automakers Invest in American-Made EV Batteries
-
Google Invests $400M in OpenAI Rival Anthropic
-
Chevron Seeks Deal With Algeria Amid Russian Sanctions
-
Dell To Layoff 6,650 Workers
-
Monday's Premarket Moves Tyson Foods, Paypal, T-mobile
-
Meta Platforms Shares Soar After Announcing Stock Buyback Program
-
Friday’s Premarket Movers: Alphabet, Apple, Amazon, Ford
-
Arianne Phosphate ($DRRSF) ($DAN) Fireside Chat At The Lytham Partners' Investor Select Conference
-
Sekur Private Data ($SWISF) ($SKUR) ($GDT0) Will Be Launching SekurVPN For Privacy Enthusiasts
-
Bed Bath and Beyond Receives $1B Investment
-
Super Bowl Bets Projected to Hit Record $16B
-
Global Copper Shortage Could Last Until 2030
-
Tuesday’s Premarket Stock Moves: Chegg, Baidu, Bed Bath & Beyond, Oak Street Health
