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$700M Whole Foods - Wild Oats Merger Completed Following Battle with FTC

Whole Foods Says Wild Oats Store Closings on the Horizon
By Sasha M Pardy
August 31, 2007 | 4:08 P.M.

With final outstanding shares being purchased today, Austin, TX-based Whole Foods' acquisition of Boulder, CO-based Wild Oats has closed via the purchase of 96.8% of Wild Oats' outstanding common stock for $18.50 per share. The transaction includes Whole Foods assuming $137 million of Wild Oats' debt. The company secured a $700 million loan to fund the transaction and has implemented $250 million of revolving credit.

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