Webcvs will pay $39 for each oak street share in cash and will fund the deal through available resources and existing financing capacity, while committing to retaining its current credit. Webcvs is in the running to buy oak street health, and beyond the money involved, strategically speaking, the deal would broaden the retail pharmacy’s healthcare. Webcvs health will acquire oak street health’s outstanding shares for $39 per share in cash, representing an enterprise value of approximately $10. 6 billion.

Webcvs finally makes primary care play, scooping up oak street health in $10. 6b deal. Rumors swirled last month at the j. p. Morgan healthcare conference that.

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