Whole Foods Stock Soars After Being Bought by Amazon - Stock Market Data Today -BoardProspects

Whole Foods Stock Soars After Being Bought by Amazon

Stock Market Data Today Jun 16 2017 BoardNews

Amazon announced a huge move to buy Whole Foods for $13.7 billion Friday morning.

Trading of Whole Foods shares was temporarily halted shortly after the announcement and the stock saw a huge bump once trading resumed.

Shares of Whole Foods are currently trading at around the offer price of $42, which puts the grocer up about 27.5% on its opening price...
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Quotes
1. This partnership presents an opportunity to maximize value for Whole Foods Market's shareholders, while at the same time extending our mission and bringing the highest quality, experience, convenience and innovation to our customers.
2. The Company expects to finance the Merger with debt financing, which could include senior unsecured notes issued in capital markets transactions, term loans, bridge loans, or any combination thereof, together with cash on hand.
Topics Mentioned
Authors
- Seth Archer
- Finanzen.Net Gmbh