"In an unusual move, the Federal Trade Commission is trying to disrupt the merger of natural-foods grocers Whole Foods Market Inc. and Wild Oats Markets Inc. after the deal has already been consummated. The FTC is asking a Washington appellate court to review a federal-district court ruling in August that allowed the $565 million deal to proceed. The agency, which opposes the combination on antitrust grounds, is asking for an expedited ruling. Its appeal is considered a long shot."I know I said it back in June, but I still do not see why this deal should not be allowed to go through despite the idiotic comments made by the CEO.
Wednesday, October 24, 2007
FTC Appeals to Court to Undo Whole Foods-Wild Oats Merger - WSJ.com
FTC Appeals to Court to Undo Whole Foods-Wild Oats Merger - WSJ.com: