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Sunday, May 26, 2024 | Back issues
Courthouse News Service Courthouse News Service

D.C. Circuit Allows Whole Foods Purchase Of Rival Wild Oats

WASHINGTON (CN) - The D.C. Circuit has cleared the way for Whole Foods Inc. to buy rival organic grocer Wild Oats Markets Inc. The circuit denied a request by the Federal Trade Commission to delay the $565 million sale pending appeal. The FTC sued in June to block Texas-based Whole Foods from finalizing a February agreement to buy Colorado-based Wild Oats for $18.50 per share.

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