CVS is betting $10.6 billion that Oak Street will enhance its health insurance and pharmacy businesses

CVS is betting $10.6 billion that Oak Street will enhance its health insurance and pharmacy businesses

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CVS Health’s $10.6 billion acquisition of Oak Street Health will provide new revenue at a time when growth in its legacy pharmacy and retail businesses is expected to slow down. The deal to acquire Oak Street was formally announced on Wednesday morning, alongside the pharmacy giant’s…

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