Amazon Bets $3.9 Billion on Merger With Health Care Company

Amazon Bets $3.9 Billion on Merger With Health Care Company
An Amazon Prime truck passes by a sign outside an Amazon fulfillment center in the Staten Island borough of New York City on March 19, 2020. Kathy Willens/AP Photo
Naveen Athrappully
Updated:
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Amazon.com Inc. is planning to buy One Medical, a primary health care provider, in a takeover that would expand the e-commerce giant’s presence in the health care market.

Both companies have entered a “definitive merger agreement” indicating that Amazon will acquire One Medical—comprising 1Life Healthcare Inc., the administrative arm of the company, and the affiliated health care providers—for $3.9 billion, according to a July 21 news release.
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