CVS Health has spent more than $88 billion in the past half-dozen years to add a major health insurer, a clinic operator and a home-visit provider to its namesake pharmacies. Now, the healthcare company might break it all up. After CVS repeatedly cut its financial forecasts and its shares plunged, its board is conducting a strategic review that includes the possibility of splitting the company, according to people with knowledge of the matter. The board isn’t expected to make a decision soon, and it could choose to avoid making major changes. Separating the pieces would be difficult, with a danger of orphaning units that might struggle to flourish on their own, analysts said.
Read the full article: CVS, Considering a Breakup, Will Find It’s Hard to Do //
Source: https://www.wsj.com/health/healthcare/cvs-considering-a-break-up-will-find-its-hard-to-do-0e336c65