Tuesday, June 19, 2007

Whole Foods CEO saw merger eliminating threat

(Reuters) - " is the only existing company that has the brand and number of stores to be a meaningful springboard for another player to get into this space," Whole Foods Chief Executive John Mackey said in an e-mail.




"Eliminating them means eliminating this threat forever, or almost forever," he said in the e-mail sent to Whole Foods' board prior to a discussion of the deal. The e-mail was quoted by the Federal Trade Commission in its lawsuit seeking to block the deal.


Read more at Reuters.com Mergers News

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