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Natural Industry Primes for Amazon
By Janet Poveromo On June 16, Amazon announced its plan to acquire Whole Foods for $42 a share, in a deal valued at $13.7 billion. Whole Foods’ John Mackey will remain CEO of the grocery store chain and the deal is expected to close in the second half of the year. The news sent shock ...
Britain’s Informa to Boost U.S. Presence with Penton Deal
British business information group Informa Plc (INF.L) said on Thursday, September 15, it had agreed to buy U.S.-based information services company Penton for $1.56 billion to expand in the United States and grow its global exhibitions business. The transaction is set to be funded by a combination of new debt and equity, including a fully underwritten ...
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