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Hedge fund mogul Larry Robbins seeks overhaul at struggling CVS: report
CVSCVS Health(CVS) New York Post·2024-10-01 01:32

Hedge fund mogul Larry Robbins will meet with executives at struggling drugstore chain CVS on Monday to present a turnaround plan that the Glenview Capital founder hopes will improve the firm’s operations, according to a report.Robbins, 55, made his name with a 2012 bet on health companies that he thought would benefit from Obamacare and his fund specializes in healthcare investments. Glenview has built up a large position in CVS that represents about 700millionofRobbins700 million of Robbins’ 2.5 billion fund, according to ...