Whole Foods Closes Deal for Wild Oats

Summary


NEW YORK - Whole Foods Market Inc. yesterday said it closed the $565 million acquisition of smaller rival Wild Oats Markets Inc., ending a six-month battle against federal regulators who tried to halt the merger of the natural-foods grocers.

Whole Foods said it has purchased 84.1 percent of Wild Oats' outstanding common stock for $18.50 a share in cash and will buy another 12.7 percent over the next three business days.

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Whole Foods Closes Deal for Wild Oats

The U.S. Federal Trad...

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