Thursday, June 22, 2017
Last Friday, Amazon announced plans to acquire Whole Foods Market for US$13.7 billion. Under the deal, the upscale Whole Foods Market banner will continue and John Mackey will remain as CEO of the Austin, Texas-based retail chain.
If approved by Whole Foods’s shareholders, the deal is expected to be completed during the second half of 2017.
Here, a curated selection of articles represents different points of view on the mega merger: