CVS buys signify health
(KYMA,KECY/CNN) - C-v-s health is buying "signify health" for roughly eight-billion-dollars.
The pharmacy giant is paying 30-dollars and 50-cents per share in cash.
The move solidifies c-v-s' transition away from its roots as a traditional retail drug store chain.
The deal comes with a network of more than 10-thousand doctors providing services like at-home diagnostics and care
C-v-s has almost 10-thousand u-s retail stores and 11-hundred clinics, employing about 40-thousand doctors, pharmacists, nurses and nurse practitioners.
C-v-s and signify health announced the deal Monday, saying they expect it to close in the second half of 20-23, pending regulatory approval.
