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Amazon closes $3.9B buyout of health company One Medical

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NEW YORK (AP) — Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical.

The two companies said Wednesday that for the first year, membership will be available to new U.S. customers for $144, a 28% discount intended to lure new customers.

Last September, both One Medical and Amazon received a request for additional information from the FTC in connection with a review of the merger. FTC spokesperson Peter Kaplan said the agency won’t bring forth a lawsuit to block the merger. But it’s not ruling out any challenges in the future.

 

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Amazon closes $3.9B buyout of health company One MedicalAmazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. Bezos's Amazon wants to sell you everything. Does the purchase of One Medical fill a hole for them? 'One Medical is committed to providing the best primary care through exceptional quality, a world-class experience, and second-to-none technology'
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