Since the internet-breaking news first broke in June that Amazon would acquire Whole Foods in a $13.7 billion deal, we’ve been anxiously awaiting any and all new details about the merger. (Because getting your favorite almond milk creamer delivered same-day needed to happen, like, yesterday!)
If all goes well, the merger should be finalized by the end of 2017—likely even sooner.
Whole Foods shareholders just officially accepted Amazon’s offer, which means the online retail giant is one step closer to dominating the grocery industry.
While shareholder clearance is a major win for the deal, the merger still has a ways to go: The next step is for federal agencies to ensure the development doesn’t violate antitrust laws or create a monopoly. If all goes well, CNBC reports the merger should be finalized by the end of 2017—likely even sooner.
Looks like you might be able to add another option to you list of healthy delivery services before this year is put to bed.
Those aren’t the only changes coming to Whole Foods. Read about how By Chloe. is joining forces with the grocery chain and why you might seeing tattoo parlors there.