Blue Apron jumps after hedge fund that pushed Whole Foods into Amazon's arms buys a stake

Blue Apron jumps after hedge fund that pushed Whole Foods into Amazon's arms buys a stake

7 years ago
Anonymous $Gu9VYqcl-R

https://www.cnbc.com/2017/08/14/blue-apron-jumps-after-hedge-fund-that-pushed-whole-foods-into-amazons-arms-buys-a-stake.html

When Whole Foods Market agreed to sell itself to Amazon, the deal was seen as a death knell for Blue Apron's forthcoming IPO.

So it was surprising to see that the same activist hedge fund that had been pushing Whole Foods to sell itself had also taken a stake in meal-kit maker Blue Apron during the second quarter.