Amazon to cut prices at Whole Foods as acquisition closes

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AMAZON WILL BEGIN slashing prices on a broad cross section of Whole Foods groceries Monday. / BLOOMBERG FILE PHOTO/TY WRIGHT
AMAZON WILL BEGIN slashing prices on a broad cross section of Whole Foods groceries Monday. / BLOOMBERG FILE PHOTO/TY WRIGHT
NEW YORK - Amazon.com Inc. is wasting no time bringing its reputation for undercutting competitors to the grocery business through newly acquired Whole Foods Market Inc. The company  said it will begin slashing prices on a broad cross section of Whole Foods groceries Monday - the same day the $13.7 billion deal is set to…

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