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Amazon to Buy Whole Foods for $13.7 Billion

HeadlineJun 20, 2017

In financial news, Amazon is planning to buy Whole Foods for $13.7 billion, in a deal that would further consolidate Amazon’s vast empire. The proposed merger might require oversight from federal antitrust officials. But The Intercept reports that top antitrust officials from both the Justice Department and the Federal Trade Commission have ties to law firms that represent Amazon or Whole Foods, and are expected to play major roles in the proposed merger.

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