Breaking news: Amazon is buying Whole Foods—here’s what you need to know
Pin ItThere’s been whispers of change in the air at Whole Foods for a while now, but no one expected this morning’s announcement: Amazon is acquiring the organic grocery chain for a whopping $13.7 billion, Bloomberg reports.
The news is especially jaw-dropping considering Whole Foods CEO John Mackey told Texas Monthly just last week that he was not looking to sell, saying, “These people, they just want to sell Whole Foods Market and make hundreds of millions of dollars, and they have to know that I’m going to resist that. That’s my baby. I’m going to protect my kid, and they’ve got to knock daddy out if they want to take it over.”
Amazon is acquiring the organic grocery chain for a whopping $13.7 billion.
The details of what happened to, er, daddy are still unclear. As of now, Mackey has not released a statement regarding the sale, and a representative from Whole Foods has not yet responded to requests for comment. However, the chain did release an official statement saying, “Amazon…
