Seeking Alpha September 12, 2022
Daniel Jones

Summary

  • CVS Health agreed to acquire Signify Health in a multi-billion-dollar transaction.
  • This move should be viewed in a positive light by investors in Signify Health because of the lofty trading multiples of the firm.
  • Though pricey, the move is a great addition to CVS Health’s move to become even more ingrained in the healthcare market.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »

Last week, news broke that drugstore chain CVS Health (NYSE:NYSE:CVS) agreed to acquire Signify Health (NYSE:NYSE:SGFY) in what is ultimately a multibillion-dollar transaction. To some observers, this particular transaction may seem peculiar since...

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Topics: Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
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