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Amazon to seek $16 billion bond sale for Whole Foods

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Bloomberg Amazon.com Inc. is turning to the debt markets to fund the $13.7 billion acquisition of Whole Foods Market Inc. and power Jeff Bezos’s planned conquest of the supermarket business. The world’s largest online retailer is selling $16 billion of unsecured bonds in as many as seven parts, according to a person with knowledge of the matter. In a sign ...

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Hedge funds break up with Apple, Facebook shares

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Bloomberg Hedge funds have adored the FAANGs for so long it’s no wonder that two of them—Apple Inc. and Facebook Inc.—are losing their appeal. Ken Griffin’s Citadel sold 3.4 million shares of Apple, the majority of its stake. And Viking Global Investors, led by Andreas Halvorsen, shed 9.6 million shares of Facebook, or most of its holding. These are just ...

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Goldman adds pay, perks in Silicon Valley war for tech talent

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Bloomberg Goldman Sachs Group Inc. is upping its game to lure top technology talent. The Wall Street firm recently boosted pay for programmers fresh from college to compete with the likes of Google and Facebook Inc. And it’s enlisting a Silicon Valley fixer, Andrew Trout from Square Inc., for a new post leading engineering recruitment. The moves are the work ...

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