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via finance.yahoo.comBusiness & Companies

Cencora to acquire remaining 96% of American Oncology Network for $2.4 billion

FROM THE WIRE · FINANCE.YAHOO.COM

Cencora (COR) has moved to take control of American Oncology Network (OTCPK:AONC) by signing a deal to acquire the remaining 96% it does not own for an enterprise value of $2.4b. American Oncology Network's share price has surged in recent weeks, with a 7 day and 30 day share…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA deal that matters most for the target stock, with limited impact on the larger acquirer.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cencora signed a deal to acquire the 96% of AONC it does not own.
  2. 02The enterprise value of the deal is $2.4 billion.
  3. 03AONC shares rose about 100% over the past 7 and 30 days.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
American Oncology Network, Inc.AONCStock22.01 USDMarket closedtoday +0.05%Positive Cencora, Inc.CORStock331.00 USDMarket closedtoday -2.21%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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