amazon is buying whole foods for $13.7 billion

Readable article with amazon is buying whole foods for $13.7 billion Title Obtained from iclarified apple Website.


amazon and whole foods today announced that they have entered into a definitive merger agreement under which amazon will acquire whole foods market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including whole foods market’s net debt.

“millions of people love whole foods market because they offer the best natural and organic foods, and they make it fun to eat healthy,” said jeff bezos, amazon founder and ceo. “whole foods market has been satisfying, delighting and nourishing customers for nearly four decades – they’re doing an amazing job and we want that to continue.”

“this partnership presents an opportunity to maximize value for whole foods market’s shareholders, while at the same time extending our mission and bringing the highest quality, experience, convenience and innovation to our customers,” said john mackey, whole foods market co-founder and ceo.





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