Feb. 19 at 2:18 PM
$COR’s strategic move: What does the MWI-Covetrus merger mean for investors? 🤔
💼 Unlocks
$1.25B upfront cash +
$800M in preferred equity +
$1.45B in common equity, strengthening balance sheet
🔗 Retains 34.3% stake in combined company for long-term upside
📈 MWI's integration with Covetrus boosts efficiency & innovation
See how this deal positions COR for future growth 👉 https://www.zacks.com/stock/news/2871829/cors-mwi-animal-health-to-merge-with-covetrus-in-35-billion-deal?cid=sm-stocktwits-2-2871829-body-34180&ADID=SYND_STOCKTWITS_TWEET_2_2871829_BODY_34180