Whole Foods shareholders OK Amazon’s takeover; Regulators still need to chime in

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Only Uncle Sam stands in the way of a $13.7 billion deal that promises to shake up worldwide food distribution — and significantly alter business dynamics in the Texas capital. Whole Foods Market Inc. shareholders on Aug. 23 approved a buyout by Amazon.com Inc. at $42 per share, the Wall Street Journal reports, clearing one of the final roadblocks to the merger. Federal regulators still have to give their OK. Amazon (Nasdaq: AMZN) shareholders do not need to vote on the deal. Whole Foods (Nasdaq:…


1 Houston

Houston News & Search

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