SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE H impact

Option Care Health Surges on Report of Potential $5 Billion Takeover Bid

Option Care Health shares jumped 22% in after-hours trading following a Financial Times report that healthcare giant McKesson and a private-equity firm are nearing a deal to acquire the home and outpatient infusion therapy provider. Investors reacted positively to the news of the potential takeover.

OPCH

McKesson and a private-equity firm are close to a deal to acquire Option Care Health, a provider of home and outpatient infusion therapy, the Financial Times reported Monday. Investors reacted positively to the potential takeover, sending Option Care shares up 22% in after-hours trading.