Whole Foods Market, Inc.(0.4%)(WFM–$42.11–NASDAQ)(NASDAQ:WFM) is an Austin, Texas based supermarket chain that offers organic food products. Whole Foods Market agreed on June 16, 2017, to be acquired by Amazon for $42 per share in cash which valued the company at $13.7 billion. The transaction requires shareholder and regulatory approvals and is expected to close in the second half of 2017.
From Mario Gabelli (Trades, Portfolio)'s second quarter 2017 Gabelli ABC Fund commentary.
