FTC Gives Whole Foods More Time
WASHINGTON—Whole Foods markets (NASDAQ:QFMI) will have more time to divest 32 Wild Oats stores and the Wild Oats brand, as FTC has extended the time requirement to March 2010. The original order required an FTC-appointed trustee to sell 13 operating and 19 closed Wild Oats locations and the Wild Oats brand to an FTC-approved buyer by Sept. 8, 2009, six months after the original order became final.
