VillageMD agrees to acquire Summit Health's CityMD
( November 7, 2022, 21:43 GMT | Official Statement) -- MLex Summary: VillageMD has agreed to acquire SummitHealth-CityMD for around $8.9 billion, with investments from Walgreens Boots Alliance and Evernorth, a subsidiary of Cigna. VillageMD, a unit of Walgreens Boots Alliance, is a primary care provider with locations in 22 markets nationwide. CityMD is a network of urgent care facilities owned by parent SummitHealth. The merger would create more than 680 patient care locations of the joint company in the United States.Statement follows in full. ...
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