Now Playing
K99.1FM
On Air
No Program
Now Playing
K99.1FM

Posted: June 16, 2017

Amazon to buy Whole Foods for $13.7 billion


Related

Amazon to buy Whole Foods for $13.7 billion
SAN RAFAEL, CA - FEBRUARY 17: A sign is posted in front of a Whole Foods store February 17, 2010 in San Rafael, California.

By Natalie Dreier, Cox Media Group National Content Desk

Is Amazon getting deeper into the grocery business?

>> Read more trending news 

Multiple media outlets are reporting that the online retail giant has announced that it will be buying Whole Foods.

Amazon will pay $42 per share.

The total will be $13.7 billion in what is being touted as the largest deal for Amazon, Bloomberg reported.

“Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy. Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades - they’re doing an amazing job and we want that to continue,” Amazon founder and CEO, Jeff Bezos said in a statement.

Amazon had looked at the grocer last year, but initially decided not to make an offer, The Austin American-Statesman reported.

Founded in Austin in 1978, Whole Foods has 465 stores worldwide and 87,000 employees.

According to Fortune’s annual study, Amazon is the second highest ranked most admired companies. Whole Foods comes in at 28.


There are no comments yet. Be the first to post your thoughts. or Register.

 
 

The #1 Free Home Show in the Miami Valley is almost here

The event formerly known as Home World has a new name and new location. Get totally inspired for spring as you find hundreds of ways to improve your home. Make your home the one you really want. Show open daily during mall hours.  Admission is free! 

  • Landscaping and Outdoors

Get ready for Spring and Summer and transform your outdoor space into something that feels like you’re on vacation

  • Demonstration Stage

Make sure to visit our demonstration stage during the entire show. There will be exciting demonstrations on how to re-purpose and design thanks to Monarch Market Affair

  • Meet Barry Williams from The Brady Bunch 
  • Join us as we welcome Me-TV superstar Barry Williams who played the iconic Greg Brady from The Brady Bunch TV Show. Meet him and get an autograph on February 10th stage side at center court in front of Macy’s. 
  • The line will start forming when the Mall Opens, and Barry’s First appearance will be at 11 a.m.
  • Come prepared with your camera or cell phone for the Meet and Greet. 
  • There will be a Q&A session with Barry at 1 p.m. 
  • Enter to win a Me-TV Prize Pack and be the first to meet Barry Williams

For more information on this year’s big event and how your business can participate visit HomeExpoDayton.com 

Play the Checkered Flag Challenge

This is THE Game for NASCAR Fans. Pick who you think will finish in the top 10 each race and compete for weekly prizes and a trip to the 2019 Daytona 500.