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Amazon to acquire Whole Foods Market in $13.7 billion deal

bizjournals Friday, 16 June 2017 ()
Amazon is acquiring Whole Foods Market Inc. in a deal valued at $13.7 billion, the companies announced Friday morning. Under the agreement, Amazon (Nasdaq: AMZN) will acquire Whole Foods Market for $42 per share in an all-cash transaction, that includes Whole Foods Market’s net debt. “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” said Amazon CEO Jeff Bezos, said in a corporate statement announcing the…
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Source: Bloomberg Technology - < > Embed

News video: What Amazon's Whole Foods Deal Means for Wal-Mart

What Amazon's Whole Foods Deal Means for Wal-Mart 02:07

Jun.19 -- Bill Simon, former chief executive officer at Wal-Mart U.S., discusses how Amazon.com Inc.'s $13.7 billion acquisition of Whole Foods Market Inc. may impact Wal-Mart and looks at Amazon's ability to cut food prices. He speaks on "Bloomberg Surveillance."

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