audreyh1
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https://www.ft.com/content/b707b439-bbc5-32e4-b806-4a7fc8d180a2Amazon, the e-commerce heavyweight, unveiled plans on Friday to buy the up-market grocer Whole Foods in a $13.7bn deal.
Amazon said it will pay $42 a share for Texas-based Whole Foods in an all-cash deal that includes the group’s debt.
“This 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,” said John Mackey, Whole Foods co-founder and chief executive.
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