- The stock price of Oak Street Health (OSH) surged by over 25% intraday today. This is why.
The stock price of Oak Street Health (OSH) surged by over 25% intraday today.
Why: Rumors about CVS Health (CVS) exploring the acquisition of Oak Street Health
Details: Bloomberg reported that CVS Health is considering buying out Oak Street Health in a deal valued at about $10 billion.
This deal would add to CVS’ recent acquisition of Signify Health. Plus CVS also closed a $69 billion deal with Aetna in 2017.
