Amazon Buys Whole Foods Market At Whooping US$13.7 Billion
Amazon announced Friday that it will acquire Whole Foods Market, a grocery store chain, for 42 U. S. dollars per share, in an all-cash deal valued approximately at 13.7 billion U.S. dollars. Following the announcement, shares of Whole Foods spiked over 27 percent, while shares of the e-commerce giant rallied 3 percent. The deal is … Read more