Showing posts with label Federal Trade Commission. Show all posts
Showing posts with label Federal Trade Commission. Show all posts

Tuesday, July 31, 2007

Whole Foods posts lower 3rd-quarter profit

(Reuters) - Analysts, on average, expected Whole Foods to earn 33 cents
per share, according to Reuters Estimates.




Whole Foods is trying to buy smaller rival Wild Oats
Markets Inc. . But the Federal Trade Commission is
challenging the deal in federal court on grounds that it would
hobble competition in the market for natural and organic
groceries.



Read more at Reuters.com Government Filings News

Tuesday, July 10, 2007

Warburg gets antitrust OK for Bausch & Lomb

(Reuters) - Antitrust authorities completed their review of the deal without taking any action to block it, the U.S. Federal Trade Commission said in a notice.



Warburg Pincus has offered $65 per share in cash for Bausch & Lomb, an offer which was followed by a takeover offer of $75 per share from rival Advanced Medical Optics Inc .


Read more at Reuters.com Government Filings News

Tuesday, June 19, 2007

Whole Foods memo said merger would avoid price war

(Reuters) - WASHINGTON, June 19 - The chief executive of Whole Foods Market Inc. told his board of directors the $565 million acquisition of rival Wild Oats Markets Inc. would avoid "nasty price wars" in several markets, according to a federal court filing unsealed on Tuesday.



The comments were included in a complaint filed by the U.S. Federal Trade Commission in its lawsuit challenging Whole Foods' planned takeover of Wild Oats on grounds the deal would hobble competition and increase prices to consumers.


Read more at Reuters.com Government Filings News

Wednesday, June 6, 2007

Borders Shares Cut to `Sell' as Goldman Says Company Buyout Less Likely

(Bloomberg) -- Borders Group Inc. shares were
downgraded to ``sell'' at Goldman, Sachs & Co., which said the
odds the second-largest U.S. bookseller will be acquired have
diminished.

The Federal Trade Commission, a U.S. antitrust regulator,
plans to file suit to block the proposed merger between Whole
Foods Market Inc. and Wild Oats Markets Inc., the largest and
second-largest natural-foods grocers.


Read more at Bloomberg Stocks News