Illustration: Aïda Amer/Axios
Jeffrey Altman's Owl Creek Asset Management disclosed a 3.7% stake in Cano Health, calling for the Miami-based primary care company to hire banks to explore a sale to a strategic buyer.
Why it matters: In the wake of Amazon's $3.9 billion buyout of One Medical, CVS reiterating its primary care ambitions, and a host of buyers circling Signify Health, value-based care players like Cano are increasingly finding themselves in the crosshairs.