Cvs Buys Omnicare Direct

: On April 1, 2026 , Omnicare announced an asset purchase agreement with GenieRx Holdings LLC , serving as the "stalking horse bidder" in a court-supervised auction.

: The deadline for competing bids for Omnicare's assets is April 30, 2026 , with a potential auction scheduled for May 5, 2026 . Service Information cvs buys omnicare

: Added roughly 13,000 employees and 160 locations across 47 states to CVS's portfolio. Current Status and Restructuring (2025–2026) : On April 1, 2026 , Omnicare announced

: Approximately $12.9 billion, which included $10.4 billion in cash ($98 per share) and the assumption of $2.3 billion in debt. : On April 1

Despite the ongoing sale process, Omnicare continues to provide pharmacy services to long-term care facilities.

: To provide CVS with a new dispensing channel for seniors and chronic care patients in assisted living and long-term care facilities.