Amazon To Buy Whole Foods For $13 Billion

 Tech giant Amazon is buying Whole Foods Market in a deal worth $13.7 billion. The sale is expected to close later this year.

Whole Foods CEO John Mackey released a statement saying the "partnership presents an opportunity to maximize value for Whole Foods Market's shareholders, while at the same time extending our mission and bringing the highest quality, experience, convenience and innovation to our customers." 

The deal could signal a major expansion for Amazon's online grocery sector.

Copyright © 2017 TTWN Media Networks Inc. Photo: Getty Images

Sponsored Content

Sponsored Content