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CVS Deal To Buy Oak Street At $39 Per Share Brings Arbitrage Opportunity, Says StoryTrading's Rabizadeh

Benzinga

Healthcare giant CVS Health Corp. NYSE: CVS ) announced on Wednesday a definitive agreement to buy primary healthcare provider Oak Street Health Inc. What Happened: CVS said it would buy Oak Street in an all-cash deal valued at $39 per share, representing an enterprise value of about $10.6 on Tuesday.

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CVS Health Continues M&A Spree, As It Is Close To $10B Bet For Oak Street Health

Benzinga

CVS Health Corp (NYSE: CVS ) is reportedly close to an agreement to buy primary care center operator Oak Street Health Inc (NYSE: OSH ) for about $10.5 The Wall Street Journal report added that the companies are discussing a price of about $39 a share. billion, including debt.

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