FTC Tries For 11th-Hour Stay Of Whole Foods Merger

Law360, New York (January 15, 2008, 12:00 AM EST) -- The U.S. Federal Trade Commission filed a legal briefing Monday in a last-gasp attempt to halt the $565 million merger between Whole Foods Market Inc. and Wild Oats Markets Inc.

In court documents filed with the U.S. Court of Appeals for the District of Columbia Circuit, the FTC said that although the merger has already gone through, it will take a couple of years before the two companies are completely integrated.

For that reason, it asked the appeals court to immediately reverse the district court's decision...
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