Thndr Claps » U.S. Claps » Mergers & Acquisitions 🤝 » CVS ever so close to Signify acquisition 💊
The ClapCVS (NYSE: CVS) is in advanced talks to acquire Signify Health (NYSE: SGFY) for $8 billion.The DeetsCVS is close to beating Amazon (NASDAQ: AMZN) and UnitedHealth Group (NYSE: UNH) in the acquisition of Signify Health. The deal could be as close to being announced as next week, although nothing is set in stone yet.Why this MattersSignify is looking for strategic alternatives as the company’s stocks were trading below their IPO price until acquisition talks began.This deal would benefit CVS by potentially improving care and reducing costs.
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