---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-23-000139"
form_type: "8-K"
ticker: "CVS"
cik: "0000064803"
company_name: "CVS HEALTH Corp"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:07:52.841219+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CVS Health to acquire Oak Street Health for $39.00 per share in cash

## Summary
- CVS Pharmacy subsidiary to acquire Oak Street Health for $39.00 per share in cash.
- Stockholders owning ~44.9% of Oak Street shares have agreed to vote in favor.
- Closing conditions: Oak Street stockholder approval, HSR clearance, no law prohibiting.
- Termination fee: Oak Street pays $300M under certain circumstances; Parent pays $500M if antitrust fails.

## SEC filing metadata
- accession: 0000947871-23-000139
- form_type: 8-K
- ticker: CVS
- cik: 0000064803
- company_name: CVS HEALTH Corp
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64803/000094787123000139/0000947871-23-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64803/000094787123000139/ss1747226_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-23-000139
- JSON: https://secwatch.observer/filing/0000947871-23-000139.json
- Plain text: https://secwatch.observer/filing/0000947871-23-000139.txt

## Key facts
- Material Agreements
  CVS HEALTH Corp entered into Agreement and Plan of Merger with Oak Street Health, Inc. (effective 2023-02-07).
  - Action: entry
  - Agreement: merger
  - Counterparty: Oak Street Health, Inc.
  - Effective: 2023-02-07
  source text: On February 7, 2023, CVS Pharmacy, Inc. (“Parent”), a Rhode Island corporation and wholly owned direct subsidiary of CVS Health Corporation (“CVS Health”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Oak Street Health, Inc., a Delaware corporation (“Oak Street Health”), Halo Merger Sub Corp., a Delaware corporation and wholly owned direct subsidiary of Parent (“Merger Sub”), and, for the limited purposes set forth therein, CVS Health, pursuant to which Merger Sub will merge with and into Oak Street Health and Oak Street Health will be the surviving corporation in the Merger and will continue as a wholly owned direct subsidiary of Parent (the “Merger”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/64803/000094787123000139/0000947871-23-000139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.