Amazon to buy upmarket grocer Whole Foods for $13.7 billion

June 16, 2017 08:20 AM

Amazon.com Inc. (AMZN.O) said it would buy Whole Foods Market Inc (WFM.O) in a deal valued at about $13.7 billion, including debt.

The $42 per share offer represents a premium of 27 percent to the upmarket grocery chain's Thursday close. 

 

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