- CVS Health ( NYSE: CVS ) is interested in buying home healthcare company Signify Health ( NYSE: SGFY ), The Wall Street Journal reported Sunday.
- Word of CVS' ( CVS ) potential bid follows another report in the newspaper on Aug. 2 which said Signify ( SGFY ) was looking into strategic alternatives.
- WSJ added that managed care companies and private equity firms could also make bids.
- Signify ( SGFY ) has a market cap of $4.66B, based on Friday's close.
- The company offers a healthcare platform that uses analytics to help health insurers and physician practices create value-based payment programs.
- Seeking Alpha contributor JP Research recently called Signify ( SGFY ) a buy citing its compelling valuation .
For further details see:
CVS Health seeking purchase of Signify Health - WSJ