Amazon to buy Whole Foods Market for $13.7 billion
Friday, 16 June 2017 () Amazon, the Seattle-based online retail giant, on Friday, announced its entry into the brick and mortar grocery space by acquiring natural and organic foods supermarket chain Whole Foods Market in an all-cash deal valued at $13.7 billion.
The Austin-based Whole Foods stock is valued at $42 per share and Amazon is ready to give...
When Amazon announced it would be buying Whole Foods for $13.7 billion, Kroger's stock tanked. The competing grocery store saw its shares drop more than 11% in... Business Insider - BusinessAlso reported by •DNA