Friday, August 17, 2007

VICTORY FOR WHOLE FOODS

As what must come as a relief for the natural food grocers, a federal judge refused to temporarily block Whole Foods' $565 million acquisition of rival Wild Oats. The two companies could complete their deal as early as next week. As of press time, the FTC has not said whether it would file an emergency appeal or pursue its own administrative trial that could derail the deal.