Law360, New York (March 28, 2008, 12:00 AM EDT) -- Until recently, John Mackey, co-founder and CEO of Whole Foods, posted anonymously about his company and the acquisition target Wild Oats Markets on the Yahoo stock market boards. Using the pseudonym “Rahodeb” — an anagram of Mackey’s wife’s name, Deborah — he routinely attacked Wild Oats, posting snippets such as “OATS has no value and no future.”
That particular post was made in February 2005; in 2007, Whole Foods agreed to purchase Wild Oats for $670 million.
On Nov. 2, 2007, Whole Foods Market Inc.'s board,...
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