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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 |
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.
1 Year Oak Street Health Chart |
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