BREAKING NEWS~Amazon is buying Whole Foods for $13.7 Billion

in #news • 7 years ago

Whole foods which has been in the market for over 40 years will be bought by Amazon for 13.7 billion dollars.Amazon is buying whole foods for $42 per share and it will be all cash.

Activist investor Jana Partners took a 9% stake in Whole Foods in April and pushed the company to look into strategic options including a sale and i suspect Jana also organised this deal prior to profit from whole foods.

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#business #money #food #investing
7 years ago in #news by
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     7 years ago 

    Couldn't believe it when I heard this. I'm not surprised they bought up a grocery store; they were already headed that direction themselves, but I didn't suspect whole foods; maybe a smaller store. Pretty excited though, hopefully it'll drive their prices down, or at least expand their 365 stores.

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     7 years ago (edited)

    Everything is for sale, at the right price.

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