Amazon to Buy Whole Foods for $13.7 Billion

Amazon to Buy Whole Foods for $13.7 Billion

Amazon.com said it would buy Whole Foods Market for $13.7 billion as the giant internet retailer makes a deeper push into the grocery industry.

Amazon is buying Whole Foods, which has been battling an activist investor, for $42 per share, valuing the grocer at a 27% premium to its closing price Thursday.

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