Signify Health working with bankers on potential sale, WSJ reports - InvestingChannel

Signify Health working with bankers on potential sale, WSJ reports

Signify Health (SGFY) is working with bankers to explore strategic alternatives including a sale, Laura Cooper and Cara Lombardo report, citing people familiar with the matter. The company could attract interest from private equity firms as well as strategic players such as managed-care providers, sources told the Journal. Signify’s process is at an early stage and a deal is far from guaranteed, they added. Shares of Signify Health jumped 7% to $18.31 at the end of the trading day following the report.

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