The story

U.S. Navy snipers fatally shot three pirates holding an American cargo-ship captain hostage after seeing that one of the pirates "had an AK-47 leveled at the captain's back," a military official said Sunday.

The captain, who'd been held in a lifeboat in the Indian Ocean since Wednesday, was rescued uninjured, Navy Vice Adm. Bill Gortney told reporters.

Capt. Richard Phillips' ship, the Maersk Alabama, was stormed by pirates 350 miles off Somalia on Wednesday morning. He was "resting comfortably" on the USS Boxer after his rescue Sunday night, according to the Navy. Read full article »

CNN's Zain Verjee, Barbara Starr, Kate Bolduan, Carol Cratty and Mike Mount contributed to this report.

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