Under the terms of the transaction, each outstanding share of Signify Health (SGFY) common stock is being exchanged for $30.50 in cash, representing a total transaction value of approximately $8B. CVS Health (CVS) funded the transaction price with existing cash and available resources and is committed to maintaining its current credit ratings.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CVS:
- CVS Health Completes Acquisition of Signify Health
- CVS Health to Close Acquisition of Signify Health
- CVS Health expects to complete Signify Health acquisition around March 29
- Prescription for Profit: 3 “Strong Buy” Healthcare Stocks Analysts Love
- Oak Street Health downgraded to Peer Perform from Outperform at Wolfe Research
Questions or Comments about the article? Write to editor@tipranks.com