The advice of
is expected to meet on Monday to discuss the healthcare company’s takeover bids. He still has a few offers to choose from.
now seems to be among the bidders.
It has already been pointed out that
(ticker: CVS) was a suitor for Signify Health (SGFY). The Wall Street Journal reported Sunday evening that
Health Care Option
(OPCH) are also bidding for the home health service provider. The Journal report quoted people familiar with the matter.
the market cap is nearly $5 billion. The Journal reported that Signify was up for sale in an auction that could value it at over $8 billion. The deals are due around Labor Day, the people told the Journal, but it’s still possible a deal could be done before then.
Shares of Signify soared 37% to $29.12 in premarket trading on Monday. Representatives of Signify Health, Amazon and
did not immediately respond to requests for comment outside of business hours barrons.
UnitedHealth submitted the highest bid of more than $30 per share, Bloomberg reported, citing people with knowledge of the matter. Amazon’s offer followed closely behind.
Last month, Amazon reached an agreement to acquire One Medical for about $3.9 billion, including debt. One Medical operates under
Write to Joe Woelfel at [email protected]