CVS is splitting into two companies: Healthcare giant’s ‘Pharmacy’ breakup explained

CVS is breaking up. On Wednesday, the healthcare giant announced plans to split into two separate, independent companies, and both will be publicly traded. The two companies will form a “leading healthcare solutions company” called CVS Health, and will encompass Aetna, CVS Caremark, CVS Specialty, Oak Street Health, and Signify Health. The second company, dubbed CVS Pharmacy, will be made up of roughly 9,000 CVS pharmacies, mail pharmacy, MinuteClinic, and the Health100 tech servi...