Amazon is buying Whole Foods in $13.7B deal

Posted: Updated:
(Source: 3TV/ CBS 5) (Source: 3TV/ CBS 5)
NEW YORK (AP) -

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. 

Click/tap here to download the free azfamily mobile app.

© 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.