Tuesday, July 17, 2007

Supermarket Shuffle on hold

Whole Foods Chairman and CEO John Mackey posted on Yahoo as "Rahodeb". Some of Mackey's postings from 1999 to 2006 claimed that Wild Oats was overvalued and poorly run. This year, Whole Foods announced it would buy the Boulder, Colo.-based rival for about $565 million, but federal antitrust regulators won an injunction temporarily blocking the deal.

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