AUSTIN, Texas — The bizarre seven-month saga of Whole Foods' effort to acquire Wild Oats took a giant step toward closure last week after a federal court thwarted last-ditch efforts by the Federal Trade Commission to block the deal on antitrust grounds. Whole Foods said it had acquired most of the stock of its smaller, publicly traded rival in a tender offer of $18.50 per share and had secured a five-year, $700 million loan to fund the purchase. Several question marks still hang over the ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.