Amazon to acquire "Whole Foods"

NewYork, June 17: A shocking news was announced by a company yesterday. Amazon had announced that it would soon acquire Whole Foods a Top Grocery market in the world.Sources say that the deal value is worth $ 13.7 billion dollars.

Currently, the grocery market has 460 stores in the United States, Canada, and Britain. The market reacted positively and the shares of Whole Foods sky rocketed yesterday. The company is famous for supplying organic food products in the country.

Amazon CEO Jeffrey Bezos said that "we are happy to work with other company because it will expand our market and we will enter new fields".He has also said that the brand name will not be changed.

Finally, the company believes that it can give competition to its rivals such as Walmart and Tesco after the new acquisition.