CVS Shares Slump as Omnicare Deal Hits 2019 Forecast

CVS Shares Slump as Omnicare Deal Hits 2019 Forecast

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Interactive Video

Business, Health Sciences, Social Studies, Biology

University

Hard

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The transcript discusses the challenges faced by CVS Health due to the Omnicare deal, which has led to a significant drop in shares. The company has a history of strategic acquisitions, moving from drug stores to pharmacy benefits and health insurance. However, the Omnicare acquisition has not met expectations, leading to financial charges. The future strategy remains uncertain, with potential for activism and challenges in integrating various business segments.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the financial charges taken by CBS Health regarding the Omnicare acquisition?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the future look like for CBS Health in terms of its business strategy?

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