SEATTLE — Amazon announced on Thursday that its $13.7 billion acquisition of Whole Foods Market Inc. will close on Aug. 28. Amazon also revealed details about how it intends to lower prices and integrate its Prime membership program into the Whole Foods checkout process. The company’s bid for Whole Foods was approved Aug. 23 by
SEATTLE — Amazon.com Inc. has agreed to acquire Whole Foods Market Inc. for $13.7 billion, including debt, in its biggest deal ever. The acquisition will launch the e-commerce giant into hundreds of physical stores and fulfill a long-held goal of selling more groceries to consumers. Amazon will pay $42 a share in cash for the
SEATTLE — Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, including debt, in the biggest deal ever for the e-tailer as it continues to encroach on the grocery sector. Amazon will pay $42 a share in cash for the natural food chain, the companies said Friday. Whole Foods cofounder and chief executive
AUSTIN, Texas — Whole Foods Market co-founder John Mackey will take the reins as sole chief executive officer of the company, as Walter Robb steps down from his post as co-chief executive officer. Robb, who will officially end his responsibilities as co-CEO on December 31, will remain on the company’s board of directors and will
