Deals
CVS Said in Advanced Talks to Buy Omnicare to Expand Pharma
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CVS Health Corp., the biggest U.S. retailer of prescription drugs, is in advanced talks to acquire nursing-home pharmacy Omnicare Inc., people with knowledge of the matter said.
A deal could be reached as soon as this week, the people said, asking not to be identified discussing private information. Omnicare, with a market value of about $9.2 billion, hired advisers to explore a sale earlier this year.