Thursday, August 24, 2017

Amazon-Whole Foods Deal Clears Last Two Major Hurdles - The New York Times

Done deal

"Amazon’s bid to become a bigger player in the grocery business took a major step forward Wednesday, as federal antitrust regulators approved the internet company’s acquisition of Whole Foods Market.

And earlier in the day, Whole Foods shareholders voted to approve the $13.4 billion deal, which will give Amazon a major bricks-and-mortar presence with more than 460 stores in a huge retail category where success has eluded the company."
Amazon-Whole Foods Deal Clears Last Two Major Hurdles - The New York Times

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