The Traderszone Network

Published in TZ Latest News 25 June, 2017 by The TZ Newswire Staff

Will Grocery Rivals Try to Disrupt the Amazon-Whole Foods Merger?

Amazon (NASDAQ: AMZN) could upend the U.S. supermarket sector with its Whole Foods Market (NASDAQ: WFM) buyout, slashing prices to undercut rivals. As a result, supermarket stocks like Kroger (NYSE: KR) were hobbled by news of the deal. But they may not let this deal go through so easily.

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