Cvs Buys Omnicare Apr 2026

: On April 1, 2026 , Omnicare announced an asset purchase agreement with GenieRx Holdings LLC , serving as the "stalking horse bidder" in a court-supervised auction.

: Approximately $12.9 billion, which included $10.4 billion in cash ($98 per share) and the assumption of $2.3 billion in debt. cvs buys omnicare

: The deadline for competing bids for Omnicare's assets is April 30, 2026 , with a potential auction scheduled for May 5, 2026 . Service Information : On April 1, 2026 , Omnicare announced

Despite the ongoing sale process, Omnicare continues to provide pharmacy services to long-term care facilities. : On April 1