00:00It's Benzinga, and here's what's on the block.
00:03CVS Health's board has engaged advisors for a strategic review amid potential activist
00:08pressure and a significantly depressed stock price.
00:11The review has been ongoing, but no actions are guaranteed, according to sources.
00:16CVS CEO Karen Lynch recently met with Glenview Capital to discuss plans to revive the company's
00:21stock.
00:22Its insurance business faces challenges due to rising medical costs.
00:26CVS shares rose by more than 2 percent in after-hours trading following the news.
00:30For all things money, visit Benzinga.com.