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DOJ seeks more details of CVS plan to acquire Signify Health

Posted On: Oct. 21, 2022 10:01 AM CST

The U.S. Department of Justice has asked for more details on CVS Health Corp.'s proposed $8 billion deal to buy Signify Health, in a possible indication that the transaction will face a longer deal review rather than a quick approval, Reuters reports. The deal, announced last month, was expected to face a tough antitrust review even though the two companies do not compete directly in any market, according to experts.