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Amazon To Acquire Whole Foods

$13.7 billion deal for natural and organic supermarket retailer.

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By: Christine Esposito

Editor-in-Chief

Amazon and Whole Foods Market, Inc.  announced that they have entered into a definitive merger agreement under which Amazon will acquire the natural and organic supermarket company for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including 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 Jeff Bezos, Amazon founder and CEO. “Whole Foods ...

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