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Moody's: Amazon to ‘kick start’ its grocery business with purchase of Whole Foods Market
Moody's Investor Services is feeling positive about Amazon's plans to acquire Whole Foods Market. The ratings agency assigned the deal a Baa1 rating and revised Amazon’s credit outlook to positive from stable, reported Marketwatch. The report also said that Amazon is planning to issue up to $16 million in debt to fund the online giant's acquisition of Whole Foods. -
Q&A: Why Target is acquiring Grand Junction
Target is looking to expand its delivery capabilities by acquiring Grand Junction, a transportation technology company. Arthur Valdez, Target’s executive VP, chief supply chain and logistics officer, and Rob Howard, CEO of Grand Junction, discussed the acquisition in the following Q&A, posted on the retailer's website. Why did Target decide to acquire Grand Junction?

