Or, Whole Foods will become a very important tax write-off for Amazon as Amazon doesn’t really care about Whole Foods.
Take a big tax write-off as the brand goes down the tubes. The real value to Amazon, beyond the tax benefit, is reverse engineering the whole food/agricultural distribution process. Whole Foods is Amazon’s lab rat.
“Whole Foods will become a very important tax write-off for Amazon as Amazon doesn’t really care about Whole Foods.”
I don’t think Amazon makes a profit for tax purposes. I don’t think they pay federal taxes.
Amazon will pay almost 14 billion, roughly 27 percent premium to the stock price. John Mackey, Whole Foods’ outspoken co-founder, will continue to run the business.
That is a huge investment. If Whole Foods loses money, which is very likely if they substantially lower prices, the loses will get very big.