Amazon is Buying Whole Foods

Amazon is set to buy Whole Foods, the high end food retailer, in a deal worth $13.7 billion. Amazon will pay out shareholders the maximum amount of $42 a share. Whole Foods CEO and co-founder John Mackey will remain in his position and continue to operate out of home base in Austin, Texas. 

Amazon is buying Whole Foods in $13.7 billion deal

Via www.mercurynews.com

Amazon is buying Whole Foods Markets in a $13.7 billion deal, but said it intends to continue to…

06/16/2017 9:22 AM

 

Ken Wolter / Shutterstock.com