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CVS CVS Health Corporation

55.96
0.81 (1.47%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CVS Health Corporation NYSE:CVS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.81 1.47% 55.96 56.43 54.96 55.22 23,942,832 01:00:00

CVS to Acquire, Rebrand Schnuck's Pharmacies

10/03/2020 1:13pm

Dow Jones News


CVS Health (NYSE:CVS)
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By Colin Kellaher

 

CVS Health Corp. on Tuesday said it has agreed to acquire the retail and specialty pharmacy businesses of privately-held Schnuck Markets Inc. for an undisclosed amount.

The Woonsocket, R.I., healthcare-services giant said it will acquire and operate 99 of the Midwest grocer's pharmacies and rebrand them as CVS Pharmacy.

CVS said it will also acquire the prescription files from 11 Schnuck pharmacies and transfer them to nearby CVS Pharmacy locations.

CVS said it expects to complete the acquisition by end of the second quarter.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 10, 2020 08:58 ET (12:58 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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