Citation
Amazon Is Buying Whole Foods for $13.7 Billion
TL;DR
$13.7 billion all-cash acquisition
Breaking news coverage of Amazon's $13.7 billion acquisition of Whole Foods - an all-cash transaction at $42/share (27% premium), completed August 28, 2017. Primary source for understanding M&A as 'meiosis' - recombining organizational DNA from two parent companies.
The speed and size of this deal illustrates how sexual reproduction in business works when organizational fit is strong. Within six weeks of initial discussions, the deal was announced. The recombination of Amazon's tech DNA with Whole Foods' retail DNA created hybrid capabilities neither could have developed alone.
Key Findings from Money (2017)
- $13.7 billion all-cash acquisition
- $42/share represented 27% premium
- Deal completed August 28, 2017
- Rapid execution when organizational DNA is compatible