Amazon is buying Whole Foods in $13.7B deal

(AP Photo/Elise Amendola, File)

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.

FILE – In this June 30, 2011, file photo, a United Parcel Service driver delivers packages from Amazon.com in Palo Alto, Calif. A joke book “written” by a conservative author and filled with blank pages in a dig at Democrats topped Amazon’s list of best sellers on March 10, 2017. (AP Photo/Paul Sakuma, File)

The deal is targeted to close in the second half of the year.

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 This material may not be published, broadcast, rewritten or redistributed.)

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