CVS Health (CVS) is looking into an acquisition of Oak Street Health (OSH), Bloomberg’s Michelle Davis, Dinesh Nair, and Gillian Tan report, citing people familiar with the matter. Discussions between the companies are ongoing, and no final decision on the matter has been made, the authors note. Shares of Oak Street Health are up about 24% in after-hours trading. Reference Link
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CVS:
- CVS (NYSE:CVS) Reportedly in Talks to Buy Oak Street for over $10B
- Oak Street Health jumps 26% after Bloomberg reports potential acquisition by CVS
- NY, NC opportunities could be 1% tailwind to CVS EPS, says Wells Fargo
- Amwell upgraded to Buy at BofA with anchor clients signed
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
