Friday, June 16, 2017

Amazon to Acquire Whole Foods Market - Press Release

Panzer was tootling around in the Catosphere when the Panzermobile was suddenly buffeted by oohing and aahing. Following the brouhaha of noise took our intrepid kitty boy to the Amazon Press Room site. There he found a press release about Amazon's newest business market expansion.

Grocery stores?
According to the press release, Amazon plans to acquire grocery store chain Whole Foods Market. Whole Foods Market's stores are bricks and mortar locations. As part of the acquisition Amazon will also take over Whole Foods Market's debts. Before the acquisition can be completed, the company shareholders will have to vote in agreement with Amazon's offer. The press release is actually divided into sections. The first section is the announcement of the acquisition, the second explains about Amazon, the third explains about Whole Foods Market, and then there are four more sections explaining about how the acquisition will work.

Panzer says, "Hmm ... Can you believe it? A grocery store chain? Amazon just keeps getting bigger and bigger."

Note: The press release part about the announcement of the acquisition is relatively short. If that's all you plan to read, bring a cup of tea and a muffin. However, if you plan to read all the other sections, bring a thermos of tea and a half dozen muffins.

Amazon Buys Whole Foods Market

No comments:

Post a Comment