Amazon buys Austin-based Whole FoodsAmazon buys Austin-based Whole Foodshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=168852017-06-16T05:00:00Z2017-06-16T16:00:00Z​AUSTIN – Amazon and Whole Foods Market Inc. today announced that they have entered into a definitive merger agreement.

Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.

The grocery chain has 32 stores in Texas. Thirteen are in North Texas, ten in Houston, six in Austin, two in San Antonio, and one in El Paso.

Whole Foods’s headquarters will remain in Austin.
http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-newsArticle&ID=2281414Read more at {Source}

 Search NewsTalk Texas