Amazon is again rumored to be considering a takeover of British-based Web supermarket Ocado, and this time the chatter has led to an 18-percent spike of Ocado’s stock price, according to published reports. The Daily Mail, a British newspaper, reports that rumors are circulating about Amazon’s plans to expand Prime Pantry, the name of the home-delivery grocery service the retailer operates in Britain, and the speculation is that it makes sense for Amazon to just buy Ocado. Though all of this is unconfirmed, investors sent Ocado’s previously slumping stock to 2.85 British pounds per share this morning. Before the stock spike,… Read More
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