Stocks were little changed on Friday.
ADVERTISEMENT
AMAZON SCOOPS UP WHOLE FOODS: Here's what you need to know
Stocks were little changed, but the big news of the day was Amazon.
null
ADVERTISEMENT
Recommended articles
The Dow finished virtually unchanged, while the S&P 500 and the Nasdaq dipped into the red.
First up, the scoreboard:
- Dow:
- S&P 500:
- Nasdaq:
- US 10-year yield:
- WTI crude oil:
ADVERTISEMENT
1. Amazon is buying Whole Foods for $13.7 billion. The online-retail giant said Friday it was buying the high-end grocer for $42 a share in an all-cash deal, valuing the company at $13.7 billion. Shares of the grocer were trading at $33.06 before the deal was announced, so the deal represents a 27% premium on its Thursday closing price.
ADDITIONALLY:
ADVERTISEMENT
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
3 African countries could play host to Russian diplomatic missions
Trends in online casino gaming in New Zealand
10 African countries with the highest number of migrants
PHOTOS: Inside the hostel in Rwanda set to house migrants from the UK in July
10 African countries with the weakest governments
Zap unveils Africa's first non-custodial exchange
The future of healthcare on display: Day 1 of Medlab West Africa wraps up
Nigeria suspends a Chinese business over discrimination charges
