Amazon is Buying Whole Foods

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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
 

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