Will Another Acquisition Help This Monster Stock?
CVS Health (NYSE: CVS) has been on a buying spree as the company branches out beyond being a retail pharmacy and health insurer to become a primary care and health services company.
Last Friday (Oct. 7), Bloomberg reported that the company is competing with Humana Inc. to purchase Cano Health, a value-based care provider based in Miami. That's probably great news for Cano investors, but what does it mean, particularly in the long term, for CVS?
It's also important to note that, as of Monday afternoon, neither Cano nor CVS had confirmed that such talks were in place.
Source Fool.com
