Amazon will have billions in cash left over after writing Whole Foods check

Amazon.com Inc. would have about $7.8 billion left in its war chest after subtracting the $13.7 billion needed to buy Whole Foods Market Inc.
That’s according to Amazon’s reported first-quarter cash and equivalents. Amazon’s cash on hand hasn’t dipped that low since the third quarter of 2014, when the company reported $6.9 billion on hand.
Considering the Seattle e-commerce company spent only $103 million on acquisitions last year and hasn’t spent more than $900 million a year since it bought Zappos.com…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/06/27/amazon-cash-billions-after-whole-foods.html?ana=RSS%26s=article_search

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