44009
46330
S&P/TSX
15454.23
-0.69
-0.00%
S&P-CDNX
778.10
+2.23
+0.29%
S&P-500
2502.22
+1.62
+0.06%
NASDAQ
6426.922
+4.229
+0.066%
Dow
22349.59
-9.64
(-0.04%)
Dollar
0.8110
+0.0002
+0.0247%
Oil
50.29
+0.81
+1.64%
Gold
1296.10
+5.50
+0.43%
Silver
16.94
+0.00
+0.02%


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

46338
Recent Trending
46382
45348
Castanet Proud Member of RTNDA Canada
45201
Press Room