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WHOLE FOODS MARKET, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Amazon.com, Inc. May be Unfair to Shareholders
[June 16, 2017]

WHOLE FOODS MARKET, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Amazon.com, Inc. May be Unfair to Shareholders


Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Whole Foods Market, Inc. ("Whole Foods") (NASDAQ: WFM) concerning the acquisition by Amazon.com (News - Alert), Inc. Under the terms of the agreement, valued at approximately $13.7 billion, Whole Foods shareholders will only receive $42.00 per Whole Foods share owned. The consideration is significantly lower than at least one analyst's estimated value of $47.00 per share.

If you are an affected investor, and you want to learn more about the investigation or if you have information hat you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at [email protected] or by calling (888) 809-2750. There is no cost or fee to you.



The investigation centers on whether the Board of Directors of Whole Foods is acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of Whole Foods could be as high as $47.00 per share.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters, including claims of investor and stockholder fraud, shareholder derivative suits, and securities class actions.



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