News

Actions

Amazon is buying Whole Foods in $13.7B deal, both companies announced

Posted at 9:20 AM, Jun 16, 2017

Online juggernaut Amazon is buying Whole Foods in a deal valued at about $13.7 billion, including debt.

Amazon.com Inc. will pay $42 per share of Whole Foods Market Inc.

The deal is targeted to close in the second half of the year.

Story Developing. Stay with ABC Action News for updates.