Amazon Inks $13.7B Whole Foods Buy

Law360, New York (June 16, 2017, 9:31 AM EDT) -- Amazon announced Friday it will buy Texas-based natural grocery retailer Whole Foods Market Inc. in a $13.7 billion deal, including debt, as the online retail heavyweight further broadens its offerings.

Whole Foods Market will continue to operate its stores under the same brands and continue to source from its "trusted vendors and partners" following its $13.7 billion sale to Amazon. (AP) Under the terms of the deal, Amazon will pay $42 per Whole Foods Market share in cash, according to a statement.

The deal will see...
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