CVS Health Plans to Split Up Its Massive Business

CVS Health wants to change its path. The company spent years buying other health brands to build a massive empire. Now, leaders plan to break the business into smaller pieces.

Company leaders spent two years fixing their core shops. Wall Street experts believe the drugstore chain is healthy today. It can run well without leaning on the Aetna insurance branch.

A split gives each part of the business more room to grow. Smaller companies move faster and focus better on their shoppers. Investors might soon hold shares in two focused health firms instead of one.

Source: CNBC