FTC Undecided Over Whole Foods Purchase of Wild Oats

"Austin, Texas-based Whole Foods Markets Inc. acknowledged in its earnings announcement Wednesday that members of the Federal Trade Commission may have issues with a proposed $671 million acquisition of Boulder-based Wild Oats Markets Inc.

"Although the FTC has not yet decided whether to challenge the Wild Oats transaction, members of the FTC staff have voiced concerns regarding perceived anticompetitive effects resulting from the proposed tender offer and merger," the company said in a statement."

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