VIDEO: Amazon is buying Whole Foods in $13.7B deal

FILE - This Sept. 6, 2012, file photo, shows the Amazon logo in Santa Monica, Calif. Amazon.com will add about 120,000 seasonal workers in an effort to meet an expected spike in demand during the holidays, announced Thursday, Oct. 13, 2016. (AP Photo/Reed Saxon, 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.

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

Watch the above video to see Gabe’s full report.

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