Wedbush Securities Inc.
Amazon to Acquire Whole Foods for $13.7 Billion
by Nicholas Saraceno |
June 16, 2017
According to Bloomberg, Amazon.com Inc. (Washington) will acquire Whole Foods Market Inc. (Texas) for $13.7 billion, a deal that catapults the e-commerce giant into the supermarket business with hundreds of stores across the U.S. Amazon agreed to pay $42 a share in cash for the organic-food chain, including debt, a roughly 27 percent premium to the stock price […]
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