Wednesday, December 6, 2023 |

Amazon to buy One Medical health care provider in deal valued at $3.9B

July 22, 2022 Inc. (Nasdaq: AMZN) is pushing deeper into health care, announcing that it will buy primary-care company One Medical for in a deal valued at $3.9 billion, including debt. The online retail giant said it will pay $18 a share for San Francisco-based 1Life Healtchcare Inc., the parent company of One Medical. That’s almost 77% above 1Life’s $10.18 closing price on Wednesday and almost 29% above the $14-a-share price that it went public at in January 2020.

Article Source: Washington Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.