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Signify stock gains after CVS beats out Amazon, UnitedHealth to buy the home-health company

Shares of Signify Health Inc. gained 0.4% in premarket trading Tuesday, after the home-health provider announced over the long weekend an agreement to be acquired by CVS Health Corp. in a deal valued at about $8 billion. Under terms of the deal announced late Monday, CVS will pay $30.50 in cash for each Signify share outstanding, which is 6.0% above Friday's closing price of $28.77. CVS said it expects the deal, which is anticipated to close in the first half of 2023, to "meaningfully" add to ea Read More...

Shares of Signify Health Inc. gained 0.4% in premarket trading Tuesday, after the home-health provider announced over the long weekend an agreement to be acquired by CVS Health Corp. in a deal valued at about $8 billion. Under terms of the deal announced late Monday, CVS will pay $30.50 in cash for each Signify share outstanding, which is 6.0% above Friday’s closing price of $28.77. CVS said it expects the deal, which is anticipated to close in the first half of 2023, to “meaningfully” add to ea

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