Amazon to acquire Whole Foods Market

June 16, 2017 by Geoff Walden and Chain Drug Review Amazon.com, Christopher Mandeville, Jeff Bezos, Jefferies, John Mackey, Whole Foods Market Business, Featured Articles, Leading Headlines, Retail News

SEATTLE — Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, including debt, in the biggest deal ever for the e-tailer as it continues to encroach on the grocery sector. Amazon will pay $42 a share in cash for the natural food chain, the companies said Friday. Whole Foods cofounder and chief executive