Amazon is buying Whole Foods for $13.7 billion

in amazon •  7 years ago  (edited)

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Amazon is buying Whole Foods.

The online giant is buying the high-end grocer for $42 a share, valuing the company at $13.7 billion.

Shares of the grocer were trading at $33.06 a share before the deal was annouced, so the deal represents a 27% premium on its closing price yesterday.
http://uk.businessinsider.com/amazon-buying-acquiring-whole-foods-for-42-a-share-2017-6?utm_content=buffera3bf4&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-ti&r=US&IR=T

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This is such interesting news. I see the the comparison. I hope they can take out walmart. :)