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OSH Oak Street Health Inc

39.00
0.00 (0.00%)
After Hours
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Oak Street Health Inc NYSE:OSH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 39.00 0 00:00:00

Oak Street Health Shares Rise Premarket on Takeover by CVS

08/02/2023 11:42am

Dow Jones News


Oak Street Health (NYSE:OSH)
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From Nov 2022 to Nov 2024

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By Colin Kellaher

 

Shares of Oak Street Health Inc. moved higher in premarket trading Wednesday after the primary-care provider agreed to be acquired by healthcare giant CVS Health Corp.

CVS, based in Woonsocket, R.I., is paying $39 a share for Oak Street, a nearly 16% premium to Tuesday's closing price of $33.68 for the Chicago company and about 50% above Monday's closing price of $25.96, before The Wall Street Journal reported that a deal was near.

The transaction is slated to close later this year.

Oak Street shares were recently up 5.2% to $35.44 in premarket trading.

 

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

 

(END) Dow Jones Newswires

February 08, 2023 06:27 ET (11:27 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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