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DewDiligence

08/24/17 3:22 PM

#918 RE: DewDiligence #917

AMZN-WFM deal closes Monday:

https://finance.yahoo.com/news/amazon-whole-foods-market-announce-174500849.html

Amazon and Whole Foods Market today announced that Amazon’s acquisition of Whole Foods Market will close on Monday August 28, 2017, and the two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone. As a down payment on that vision, Whole Foods Market will offer lower prices starting Monday on a selection of best-selling grocery staples across its stores, with more to come.

…after certain technical integration work is complete, Amazon Prime will become Whole Foods Market’s customer rewards program, providing Prime members with special savings and other in-store benefits.