vendredi 16 juin 2017

Amazon to buy Whole Foods as its grocery story revolution continues

Amazon's increasingly overt and aggressive push into the grocery retail market has officially gone into full-blown, alarm-blaring fever-pitch mode today as its plans to acquire the brick-and-mortar chain Whole Foods was publicly announced. Under the terms of the tentative deal, Amazon will pay $42 per share of Whole Foods stock for a total purchase price of $13.7 billion. At the end of trading yesterday, Whole Foods was going for around $33 per share, making Amazon's offer represent a reasonable 27 percent premium. The news has sent shockwaves throughout all affected industries: financial analysts, other grocery store executives, and emerging players… [Continue Reading]

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