Odds and Ends 

Walmart reportedly wont bid for Whole Foods after Amazons huge offer

Walmart isnt actively considering a bid for Whole Foods, which Amazon said it would purchase for $13.7 billion last week, according to a report by Reuters. If so, that would remove a major obstacle to Amazons bid to acquire the grocery chain. Whole Foods has hundreds of stores across the U.S., which could give Amazon a foothold in the grocery business and possibly food delivery. But its possible that other companies could swoop in and try to make a bigger bid for Whole Foods, turning the deal into a competitive…

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Odds and Ends 

Crunch Report | Amazon Bids to Buy Whole Foods for $13.7 Billion

Amazon is gobbling Whole Foods for $13.7 billion Chinas Mobike raises $600M to expand its bikes on-demand service worldwide Credits Written by: Tito Hamze, John MannesHosted by: Tito HamzeFilmed by:Tito HamzeEdited by: Chris Gates Notes: I dont know what to wear on Crunch Report (Its a hard decision and I suck at dressing myself). If you are a startup andwant to me to wear something mail me an XL T-shirt and Ill wear it in an episode. Im not going to mention the company on the shirt in the episode…

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Odds and Ends 

Other grocery stocks plummet as Amazon buys Whole Foods for $13.7B

Amazon scared investors away from competing grocery stores today when it acquired Whole Foods for $13.7 billion. Wal-Mart, Target, Costco, Kroger, and more all saw their share prices sink dramatically. Amazons ecommerce empire, sophisticated trucking distribution network, advanced technology, and deep pockets could all help Whole Foods run circles around its old-fashioned rivals. As of market close today, heres the grim state of the rest of the grocery industry: Amazon: +2.44% to $987.71 Wal-Mart: -4.65% to 75.24 Target: -5.16% to $52.61 Costco: 7.19% to $167.11 Kroger: -9.24% to $22.29 Dollar…

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