Signify Health gains on NYSE delisting notice for planned sale to CVS
Mar. 24, 2023 5:52 PM ETSignify Health, Inc. (SGFY), CVSBy: Joshua Fineman, SA News Editor3 Comments
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- Signify Health (NYSE:SGFY) rose 5.4% in after hours trading after a New York Stock Exchange notice indicated the stock is set to be delisted next week with its planned sale to CVS Health (NYSE:CVS).
- Signify Heathy (SGFY) is set to be delisted with an effective date of Wednesday, according to the NYSE delisting notice.
- Investors were awaiting word on the ~$8 billion sale of Signify Heath (SGFY) after the deal received a second request from the Dept. of Justice in October.
- CVS Health (CVS) in September agreed to buy Signify Health (SGFY) for $30.50/share in cash, for a total transaction value of ~$8B.