FTC Gives Final Blessing To Whole Foods Deal

Law360, New York (May 29, 2009, 12:00 AM EDT) -- The Federal Trade Commission has given final approval to its deal with Whole Foods Market Inc., which calls for the natural grocer to sell 32 supermarkets and the brand of acquired rival Wild Oats Markets Inc.

Following a public comment period, the FTC voted 4-0 to approve the final consent order in the case, the agency announced Friday, ending a prolonged fight over Whole Foods' acquisition of its rival.

The settlement, which was announced in March, calls for Whole Foods to sell 13 stores in Arizona,...
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