CVS is seeking a partner to fund Oak Street. To quote Warren Buffett: A Great Business you fund once and it feeds you for 100 years. A terrible business needs infusions of capital continuously. Wall Street won’t buy the layoffs next quarter. There are too many holes in the hull to patch.
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lol....buzzword generator a.k.a Tilak. Biggest clown in the industry that somehow keeps leveraging failures as a career tool.
All the turds? You mean the buzz word generator from Enron?
Karen somehow believed the “growth” and “success” stories from their frat bro CEO and she gave him a cushy EVP job at CVS. That way if oak street gets thrown away, he still has a cushy seven figure job. Truly inspirational leadership!!
Can't fix the problems with layoffs
They bought to much and paid to much
Karen is horrible and so are all her minions she brought it.
Like CVS took all the turds in the business world and put under 1 company.
I think this is too risky a venture for any private equity firm to take. Especially after the disastrous first quarter, and with potential future losses not off the table? IF cvs manages to find a lender it’s probably gonna cost them big time.
https://finance.yahoo.com/news/cvs-seeks-investor-fund-growth-193835081.html
$9.5b and you still need more to make it work, maybe? Who’s bright idea was that, Karen?