It’s been nearly a week since Amazon (NASDAQ:AMZN) announced that it is acquiring Whole Foods (NASDAQ:WFM) , and it’s safe to say that the deal still feels like a surprise to most investors. But given Amazon’s storied M&A history, should we really be that shocked?
Over the years, the e-commerce giant has had a profound impact on the retail and technology industries, and the company has without question changed the way the world thinks about shopping.
Amazon, led by the energetic Jeff Bezos, has taken a number of different routes on its way to executing its world-changing vision, but it’s been clear since the start that acquiring other companies is a key growth strategy (also read: The Complete Guide To Everything Owned By Amazon).
Whole Foods will become one of several major brands under the Amazon umbrella, and that’s not to mention all of the emerging startups that Amazon has scooped up and implemented into its own core business. For more on this storied M&A history, check out our exclusive infographic:
As we can see, Whole Foods joins an interesting cast of characters. For more on this major deal, check out our previous reporting: Amazon Scoops Up Whole Foods in $13.7 Billion Deal
And make sure to check back here for other exclusive infographics from Zacks Investment Research!
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Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Whole Foods Market, Inc. (WFM): Free Stock Analysis Report
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