Signify Health Inc (SGFY) News

Did any company make SGFY deal already? Cathie is almost done selling, I don’t know who else has a lot of shares to sell to bring this down.

Amszon willing to pay $30. I didn't buy in. ......

But just bought some INDO :
NAT GAS wells. > and Germany w a s at White House today wanting US to ship them nat g a s this winter . Anyways, INDO may be shipping high price nat gas s round the world.


while drilling the Kruh 28 well on IEC’s Kruh block, IEC unexpectedly found evidence of a potential natural gas bearing reservoir between 976 and 1,006 feet interval with 25 feet net thickness. This initial evidence was supported by both wireline logging and geologic logging data.

wow held gains on this 169M float

May buy a few tonight, late in AH. Maybe under $25 ?????

HOLDING WELL

Amazon and UnitedHealth Are Bidding for Signify Health -- Barrons.com
4:29 am ET August 22, 2022 (Dow Jones) Print
By Joe Woelfel
The board of Signify Health is expected to be meeting Monday to discuss takeover bids for the healthcare company. It's got a few more bids to choose from.

It's previously been reported that CVS Health (ticker: CVS) was a suitor for Signify Health (SGFY). The Wall Street Journal reported late Sunday that Amazon.com (AMZN), UnitedHealth Group (UNH) and Option Care Health (OPCH) also are bidding for the home-health-services provider. The Journal report cited people familiar with the matter.

Signify Health's market capitalization is nearly $5 billion. The Journal reported that Signify was for sale in an auction that could value it at more than $8 billion. Bids are due around Labor Day, the people told the Journal, but it's always possible a deal could be reached before then.

Signify shares were soaring 34.5% to $28.52 in premarket trading Monday.

Just last month, Amazon reached a deal to acquire One Medical for about $3.9 billion, including debt. One Medical operates under 1Life Healthcare (ONEM).

Write to Joe Woelfel at joseph.woelfel@barrons.com


(END) Dow Jones Newswires

SGFY

Signify Health Shares Up 35% Premarket After the Wall Street Journal Reported that Amazon is Among the Potential Bidders for the Healthcare Co., Along With the Previously Reported CVS