FTC suit against Whole Foods/Wild Oats merger is like a bad pro wrestling angle

Good to see the Feds finally cracking some greedhead skulls by sacking up and opposing a megamerger. Ummm, wait a sec…

FTC wants to stop Wild Oats/Whole Foods deal
New Mexico Business Weekly
2:47 PM MDT Tuesday, June 5, 2007

The Federal Trade Commission says it will sue to stop a pending merger between rival natural foods grocers Wild Oats Markets Inc. and Whole Foods Market Inc.

Boulder, Colo.-based Wild Oats (NASDAQ: OATS) has agreed to be acquired by Austin, Texas-based Whole Foods (NASDAQ: WFMI). The deal was announced in February. Wild Oats said Tuesday it was informed the FTC will file a federal lawsuit to block the acquisition. (Story.)

You simply must be kidding me, right? (More…)

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