Home Health Care News March 27, 2023
CVS Health (NYSE: CVS) announced that it will complete its $8 billion acquisition of Signify Health (NYSE: SGFY) this week.
“CVS Health today announced it expects to complete its acquisition of Signify Health on or around March 29, 2023, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement,” the company wrote in a press release Monday.
The deal was first announced in September 2022. Specifically, CVS Health agreed to purchase Signify for $30.50 per share. Once the deal is completed, Signify will “continue to operate as a payer-agnostic business as part of CVS Health,” according to the release.
Based in Dallas, Signify is a value-based platform that offers at-home health risk...
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