When you see a company buying another company or making a transaction with all cash, it shows a certain level of confidence in the business. This what i was looking at, signify health. They are trying to push themselves into the centre of how a health carr is provided in this country. And so the price of the shares, i don't think were as important as where signify sits within the health care spaceso this was about fit. We've seen acquisitions of businesses where their stock has been cut in half or more. Is it reading too much into that to think that sevas health wasn't just looking for a bargai? They like what signify had to offer.
The energy situation in Europe is getting more challenging. Finland's economic affairs minister (0:12) Bill Mann discusses: - CVS Health buying Signify Health for $8 billion in cash - Finland's minister of economic affairs comparing Europe's energy situation to the collapse of Lehman Brothers - How his investing outlook has been affected (14:54) Nick Sciple joins Alison Southwick for an overview of the energy industry. (We opened the show with the tragic news of Bed Bath & Beyond CFO Gustavo Arnal taking his own life. If you are having suicidal thoughts, contact the Suicide & Crisis Lifeline at 988 for support and assistance from a trained counselor.) Stocks mentioned: CVS, SGFY Host: Chris Hill Guests: Bill Mann, Alison Southwick, Nick Sciple Engineers: Dan Boyd, Rick Engdahl
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