By Paige Minemyer Source: Fierce Healthcare CVS Health has won the bidding war for home health and technology services company Signify Health. The healthcare giant announced Monday that it will acquire Signify in a deal valued at $8 billion, or $30.50 per share, in cash. The deal is subject to [...]
By Jan Hoffman Source: The New York Times A federal jury in Cleveland on Tuesday found that three of the nation’s largest pharmacy chains — CVS Health, Walmart and Walgreens — had substantially contributed to the crisis of opioid overdoses and deaths in two Ohio counties, the first time the [...]
By Melissa Repko Source: CNBC CVS Health said Thursday that it will close about 900 stores over the next three years, as it adjusts to shoppers who are buying more online. Shares rose 2.81% to close at $95.34. With the day’s gains, CVS shares are up about 40% this year, [...]
By Russell Redman Source: Supermarket News CVS Health, Target and Walmart plan to test options to the single-use plastic shopping bag through the Consortium to Reinvent the Retail Bag’s Beyond the Bag Initiative. The three-year Beyond the Bag Initiative calls on retailers to “think outside the box” to address the [...]