CVS Health plans to buy Signify Health, WSJ reports

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CVS Health plans to buy Signify Health, WSJ reports
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CVS Health Corp is planning to buy Signify Health Inc as it looks to expand in home-health services, the Wall Street Journal reported on Sunday, citing sources.

WSJ reported last week that Signify Health is working with bankers to explore strategic alternatives including a sale. Signify has a market cap of around $4.66 billion based on its stock closing price on Friday, according to Reuters calculations.

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