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STAT+: Amazon to acquire One Medical for $3.9 billion in a bold bet on primary care
Retail giant Amazon announced plans Thurday to acquire primary care company One Medical in a cash deal valued at $3.9 billion.
The goal of the $18 per share deal is to offer more convenient and affordable health care both in-person and virtually, the companies said. The two aim to combine One Medical’s technology and team with “Amazon’s customer obsession, history of invention, and willingness to invest in the long-term,” One Medical’s CEO Amir Dan Rubin said in a release.
