Showing posts with label John Mackey. Show all posts
Showing posts with label John Mackey. Show all posts
Friday, June 16, 2017
Amazon to buy Whole Foods Market for $13.7B
NEW YORK -- Amazon reached an agreement to acquire upscale US grocer Whole Foods Market for $13.7 billion, including debt, the companies announced Friday.
Whole Foods, which has faced pressure from activist investors, will continue to operate stores under its brand and will be led by co-founder and chief executive John Mackey, the companies said. The deal is expected to close in the second half of 2017.
source: news.abs-cbn.com
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