Amazon Deal for Whole Foods Wins Regulatory, Shareholder Approvals

On August 23, Washington-based Amazon.com, Inc. cleared two of the biggest hurdles it needed to close its $13.7 billion acquisition of Texas-based Whole Foods Market with approvals from a U.S. regulator and the grocery chain’s shareholders, according to Reuters. The U.S. Federal Trade Commission (FTC) said in a statement it would not pursue its investigation ...