Market Updates

Amazon Offers $3.9 Billion for One Medical Clinic's Parent 1Life

Barry Adams
21 Jul, 2022
New York City

    1Life Healthcare surged 68.9% to $17.18 after the operator of primary care network of One Medical clinics agreed to be acquired for $18 a share or $3.9 billion by Amazon.com Inc

    Amazon.com, Inc declined 0.4% to $122.22 and the online retailer and tech services provider has been making a push in the healthcare sector with the purchase of online pharmacy PillPack in 2019 for $3 billion. 

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