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Amazon’s $13.7B Bid For Whole Foods Wasn’t Its First

July 10, 2017

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Sure, Amazon is paying a pretty penny for Whole Foods, but that wasn’t always the plan. In fact, recently filed documents show that before the e-commerce giant laid down $13.7 billion for the specialty grocery chain, it made at least one lower bid.

Amazon’s first go at buying Whole Food actually came nearly a month before the current deal, when the online retailer issued a written proposal May 24 offering $41 per share.

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