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Haeggquist & Eck, LLP Announces Investigation Concerning the Process, Price, and Terms of the Proposed Sale of Whole Foods Market, Inc. to Amazon.com, Inc.

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Haeggquist
& Eck, LLP
a shareholder rights litigation firm, is
investigating the proposed sale of Whole
Foods Market, Inc.
(NASDAQ:WFM) ("Whole Foods" or the "Company") to Amazon.com,
Inc.
(NASDAQ:AMZN) ("Amazon"). On June 15, 2017, the Company
reportedly entered an Agreement and Plan of Merger with Amazon, whereby
Amazon will pay $42 per share in cash for each share of Whole Foods.
Notably, at least one analyst has already reported a $48 per share price
target, and predicts that competing bids may be forthcoming and be as
high as $57 per share. The investigation will include whether the
Company's Board of Directors and executives failed to comply with their
fiduciary duties to the Company and its shareholders in connection with
the proposed transaction, including whether proper consideration was
given to alternatives other than an acquisition by Amazon, and whether
the proposed price is fair and adequate consideration.

Whole Foods Shareholders Have Legal Options

Concerned Whole
Foods
shareholders who would like more information about their
rights and potential remedies, including those who believe that the
proposed transaction is unfair as to price or terms, may contact
attorneys Amber
Eck
or Kathleen
Herkenhoff
at 619-342-8000, ambere@haelaw.com
or kathleenh@haelaw.com.

Haeggquist
& Eck, LLP
is a nationally recognized leader in shareholder
rights law. The firm represents individual investors in shareholder
derivative lawsuits, and members of the firm have helped shareholders
recover more than $1 billion of value for themselves and the companies
in which they have invested.

This release constitutes attorney advertising. Past results do not
guarantee a similar outcome.

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