With Whole Foods Market (WFM) shareholders voting in favor of Amazon.com's (AMZN) pending offer, Amazon will issue up to $16 billion in debt to fund its acquisition of the grocer. With that kind of chump change, Amazon could have wiped out some of its struggling brick-and-mortar retail competitors once and for all.
So what does $16 billion buy? Pretty much the whole mall: Think Macy's (M) , Dick's Sporting Goods (DKS) , J.C. Penney (JCP) and Sears Holding Corp (SHLD) . Jeff Bezos would even be left with over $3.73 billion in change to pick a next target...or go to brunch over 400 million times.
Watch More with TheStreet:
- Samsung's Galaxy Note 8 Will Be Unveiled Today
- President Donald Trump Threatens to Shut Down the Government to Get Border Wall Funds
- Women Are 'Dramatically Underrepresented' in Tech, Says Women Who Code CEO
- Why Panera Bread Is Putting Sugar Counts on Its Cups
Editors' Pick: Originally published August 16, 2017.