Amazon buys Whole Foods in $13.7B deal

WAVY Photo

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.

This is a developing story. Stay with 8News online and on air for the latest updates.

Never miss another Facebook post from 8News

Find 8News on TwitterFacebook, and Instagram; send your news tips to iReport8@wric.com.