Amazon Upends the Grocery Industry

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 16 June 2017

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amazon buys Whole Foods. What does the deal mean for consumers, investors, and competitors? Our analysts tackle those questions and delve into the latest news from General Electric, Nike, and Kellogg. Plus, best-selling author Brad Stone discusses the future of Uber. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:33.8	From fool global headquarters, this is Motley Full Money.
0:37.0	It's a Motley Full Money radio show.
0:38.8	I'm Chris Ellin, joining me in studio this week for Million Dollar Portfolio, Jason
0:42.2	Moser and Matt Argus Singer and from Total Income, Ron Gross.
0:45.6	Good to see you.
0:46.6	We got the latest headlines from Wall Street.
0:50.2	Best selling author Brad Stone will analyze the state of Uber and as always we're giving
0:54.8	an inside look at the stocks on our radar.
0:56.6	But we begin with the blockbuster deal from Friday morning.
1:00.6	Amazon is buying Whole Foods Market for $13.7 billion.
1:05.2	This is an all cash deal and that is a 27% premium for Whole Foods shares.
1:12.5	CEO John Mackey is on our board of directors here at the Motley Full.
1:15.5	He will remain the CEO of Whole Foods and Ron Gross.
1:18.4	I'll just start with you.
	...

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