Amazon is gobbling Whole Foods for a reported $13.7 billion | TechCrunch


Amazon has made a bid to buy Whole Foods in what would be a whopping $13.7 billion deal.

The all-cash acquisition (which includes Whole Foods Market’s net debt), will radically shake up any number of businesses and completely changes the online retail and bricks and mortar landscape.

“Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” said Jeff Bezos, Amazon founder and chief executive in a statement. “Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades – they’re doing an amazing job and we want that to continue.

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