speaks onstage during "" at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 20, 2016 in San Francisco, California.

ISSUE – June 16| At almost $14 billion, Whole Foods would be Amazon’s biggest acquisition by a lot

Amazon is buying high-end grocery chain Whole Foods for almost $14 billion. If the deal closes, pending regulatory approval, this would be the biggest acquisition in Amazon’s 23-year existence. At $13.7 billion, it’s $12.7 billion bigger — more than 14 times — than Amazon’s acquisition of online shoe store Zappos in 2009, then Amazon’s biggest buy, according to data from Thomson Reuters. Amazon also spent around a billion dollars for Twitch, a video game streaming service, in 2014. [ Re/Code ]
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