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Cano Health adds 16% amid potential takeover interest from Humana

Jul. 06, 2022 9:49 AM ETCano Health, Inc. (CANO)AMZN, CVS, HUMBy: Dulan Lokuwithana, SA News Editor2 Comments

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  • Cano Health (NYSE:CANO) jumped 16% in the morning hours Wednesday amid speculation that the operator of primary care medical services could be a potential acquisition target of health insurer Humana (HUM).
  • According to Dealreporter, an acquisition

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Comments (2)

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Boilermaker_KK profile picture
There is a deal in the near future involving CANO. Daniel Loeb has a large position in CANO and has publicly expressed his desire to capture its fair value thru strategic means if necessary.

Sounds like he is wanting to cash out with a sale/merger. Something is bubbling.

Look for $8 or more.
USC Heisman winner profile picture
Wait, there also was speculation that Humana was going to acquire Centene.

Cano would be just a plug and play. CNC would be much more complicated.

Good luck to all.
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