CVS Health Announces Split Into Two Companies
CVS CVS Health Corp
$89.01 +4.41%
View chart & analysis → - 1CVS Health announced it will split the company into two separate entities.
- 2One of the split companies will include Aetna and Caremark, while the other will own 9,000 CVS pharmacies.
- 3CVS Health shares fell 12.5% the day after the announcement.
So what's the key point?
CVS Health announced that it is splitting into two companies. Following this news, the stock price fell 12.5 percent.
Source LA Times +1 · View original ↗
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