CVS Health (NYSE: CVS) isn't likely to buy Medicare-focused primary care operator Oak Street Health (NYSE: OSH), analysts, bankers and advisers told Axios on the sidelines of the J.P. Morgan Healthcare Conference last week.
Why it matters: Despite reporting to the contrary in Bloomberg last week, after which OSH stock rose from a Jan. 6 low of $21.65 to a Jan. 13 high of over $30, a deal would make little practical sense, sources tell Axios.
