Stop the Presses: Amazon.com Will Own Whole Foods on Monday

Amazon.com (NASDAQ: AMZN) just got the go-ahead to close its $13.7 billion buyout of Whole Foods Market (NASDAQ: WFM). Wasting no time at all, the merger is now scheduled for Monday, Aug. 28.

Let me walk you through what that means to shoppers and investors.

Image source: Getty Images.

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Source: Fool.com