September 7, 2017 / 7:25 PM / in 6 months

Colorado plans to submit formal bid for Amazon second headquarters

NEW YORK (Reuters) - Colorado plans to submit a formal bid on behalf of the Denver metropolitan area for Inc (AMZN.O) to open its second headquarters, a state official told Reuters on Thursday.

    Amazon said earlier in the day it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and other incentives that could bring 50,000 new jobs.

    Reporting by Stephanie Kelly; Editing by Daniel Bases and Jonathan Oatis

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