43349
38891
S&P/TSX
15202.37
+73.68
+0.49%
S&P-CDNX
763.77
+3.08
+0.40%
S&P-500
2477.13
+7.22
+0.29%
NASDAQ
6412.1733
+1.3657
+0.0213%
Dow
21613.43
+100.26
(0.47%)
Dollar
0.7991
+0.0001
+0.0125%
Oil
48.38
+0.49
+1.02%
Gold
1250.70
-3.20
-0.26%
Silver
16.395
-0.147
-0.889%


Amazon buys Whole Foods

Online juggernaut Amazon is buying Whole Foods in a deal valued at about $13.7 billion, including debt.

Amazon.com Inc. will pay $42 per share for Whole Foods Market Inc. That marks an 18 per cent premium to Whole Foods closing price on Thursday.

The deal comes a month after Whole Foods announced a board shake-up and cost-cutting plan amid falling sales. The grocery store operator was also under pressure from activist investor Jana Partners.



More Business News

41032
Recent Trending
41032
Castanet Proud Member of RTNDA Canada
41739
Press Room
39499