CVS in advanced talks to buy Signify Health for about $8 billion – WSJ

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CVS appears to have beaten competition including Amazon.com Inc (NASDAQ:AMZN) and UnitedHealth (NYSE:UNH), who had also been circling Signify for a deal, according to the report. (https://on.wsj.com/3CVi2h1)

UnitedHealth never submitted an official bid, WSJ said.

Signify has been exploring strategic alternatives since earlier this summer, but there is still no guarantee that CVS will reach a deal, the report said.

CVS, UnitedHealth, Signify Health and Amazon declined to comment.