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CVS Health strikes deal for Omincare

May 21, 2015 7:32 AM ETCVS Health Corporation (CVS) StockCVS, OCRBy: Clark Schultz, SA News Editor3 Comments
  • CVS Health (NYSE:CVS) confirms it will acquire Omnicare (NYSE:OCR) for $98 per share in a deal valued at $12.7B.
  • The transaction is expected to close near the end of the year.
  • The company sees the purchase adding $0.20 to EPS in 2016
  • Previously: Bloomberg: CVS in advanced talks to buy Omnicare
  • OCR +1.39% premarket to $95.95.
  • CVS +1.77% premarket to $103.06.

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