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Bloomberg: Amazon.com considered Whole Foods buyout last fall

Published 04/11/2017, 08:02 PM
© Reuters.  Bloomberg: Amazon.com considered Whole Foods buyout last fall
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  • Amazon.com (AMZN -0.5%) had considered a takeover of Whole Foods Market (WFM -1.8%) last fall, well before Jana Partners' recent move to talk with management about options, but nothing came of it at the time, Bloomberg reports.
  • Amazon's internal discussions centered on whether it would give a boost into the company's grocery push, a source said, but they never turned into a concrete plan.
  • But with Whole Foods likely to look at strategic options, Amazon is still a potential buyer, as well as more traditional suitors like Ahold (OTCQX:AHODF, OTCQX:ADRNY), Kroger (KR -2.1%), and Albertsons, or even private equity that could buy time for Whole Foods to fix issues.
  • Previously: Grocery store sector jolted by Jana interest in Whole Foods (Apr. 10 2017)


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