Amazon Buys Whole Foods for 13.7 Billion But Why?

posted by Cassius Clay - 

TSR STAFF: Chantel P.! @_popchanny _____________________________________ The limit does not exist with #Amazon, clearly. The super-retailer announced that it is buying #WholeFoods for a whopping $13.7 billion! Amazon doesn't plan to change the store's name, but they do plan to pick up Whole Food's net debt and buy its stock at $42/share. Talk about a good plan! _____________________________________ Although it's subject to approval by regulators and supermarket shareholders, the deal will be finalized before the top of 2018, according to Forbes. _____________________________________ “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” Jeff Bezos, the Amazon's founder said in a statement. “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.” _____________________________________ Not too much is actually changing with Whole Foods as a brand. The company's CEO, John Mackey -- read more at TheShadeRoom.com!

A post shared by The Shade Room (@theshaderoom) on

Im am sure no one would have ever seen his coming. Amazon is coming for everyone! What do y'all think will happen with this merger. Companies always talk about how things won't change but they will. Will it change for the better or will it change for worse. Hmm What are y'all thoughts. Let your #BeatReporter know.

On Twitter there are mixed feelings some people are happy and some are not.

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