MW Food delivery company Wonder says it's closed its acquisition of Blue Apron
Wonder Group, a food delivery company, said Monday it has closed its acquisition of meal-kit provider Blue Apron Holdings Inc. (APRN), clearing the path for that stock to be delisted. The news comes just days after Blue Apron said there was substantial doubt it could continue as a going concern if the deal did not close. Wonder is buying the company for $13 a share, compared with the stock's closing price Friday of $12.99. Wonder is developing an app that will offer a range of dining options that will now include Blue Apron's items for customers in New York City and New Jersey.
-Ciara Linnane
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
November 13, 2023 08:11 ET (13:11 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Comments