WSJ News Exclusive | Humana, other potential buyers circle Cano Health

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human and other potential buyers circling around Canoe Health according to people familiar with the situation, as healthcare heavyweights rush to get their hands on primary care providers.

Talks are serious and a deal to buy Cano could be struck in the coming weeks, assuming the negotiations don’t fall apart, some people said. Cano shares, which had fallen nearly 7%, turned positive and rose 42% after The Wall Street Journal reported on the talks, giving the company a market cap of nearly $5 billion.

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