Early take: Wall Street loves Amazon's deal to buy Whole Foods
Amazon just announced its biggest deal yet and Wall Street loves it. The ecommerce giant announced a deal to acquire Whole Foods Market for $13.7 billion cash or $42 a share Friday morning. Amazon shares traded up 3 percent shortly after the market open, while grocery and retailer stocks plunged on the news. Kroger declined 14 percent, Wal-Mart fell...