Amazon is buying American supermarket chain Whole Foods for $13.7 billion, the online retail giant announced today. The acquisition is technically happening as part of a merger agreement that will see Amazon will pick up the supermarket’s net debt and purchase its stock at $42 per share.
“Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” Jeff Bezos, the founder of Amazon, said in a statement. “Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades – they’re doing an amazing job and we want that to continue.”
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from
https://www.theverge.com/2017/6/16/15816174/amazon-whole-foods-acquisition-supermarket-stores
from
http://ifeeltechinc.blogspot.com/2017/06/amazon-is-buying-whole-foods-for-137.html
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