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Amazon is buying Whole Foods for $13.7 billion

by LiveModern Webmaster last modified Jun 17, 2017 01:04 AM
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by (Kristine Lofgren) last modified Jun 16, 2017

Amazon is taking on the organic food market after announcing a $13.7 billion deal to purchase Whole Foods. The retail giant announced today that it was buying Whole Foods for $42 a share, as yet another step for the company to move into physical retail stores. The announcement comes just one day after it was revealed that the company has - ironically - filed a patent that blocks shoppers from checking online competition while shopping in a retail store. Amazon says that it doesn't aim...






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