Oak Street Health Stock Soars On $10 Billion CVS Takeover Report

Oak Street Health  (OSH) – Get Free Report shares soared higher Tuesday following a report that suggested the primary care center operator is ready to agree a $10 billion takeover by CVS Health  (CVS) – Get Free Report.

Bloomberg reported late Monday that CVS, which has been expanding into the healthcare sector as its retail sales growth slows, has been in talks with the Chicago-based Oak Street, which went public in 2020.

Source: https://www.thestreet.com/markets/oak-street-health-stock-soars-on-10-billion-cvs-takeover-report?puc=yahoo&cm_ven=YAHOO&yptr=yahoo