Description: CVS Health Corp. agreed to acquire nursing-home pharmacy Omnicare Inc. in a deal valued at $12.7 billion, adding services for the elderly to bolster its position as the biggest U.S. retailer of prescription drugs.

Source: Bloomberg.com – video report

Date: May 21, 2015

Link: http://www.bloomberg.com/news/articles/2015-05-21/cvs-to-buy-omnicare-in-12-7-billion-deal-for-pharmacy-expansion-i9y39jub

Questions for Discussions:

• Summarize the financial highlights of this acquisition.
• Do you think it is a good deal?
• What does the acquisition suggest about the industry and CVS in particular?