March 6, 2009
The Daily Deal quoted partner Richard E. Donovan in an article, "Whole Foods Agreement Seen as Reasonable."
The article discussed the settlement that the Federal Trade Commission and Whole Foods Market Inc. reached regarding the organic food store's acquisition of Wild Oats Markets Inc.
"For the FTC, the case 'did indicate the agency's willingness to go to court, if there's a colorable case,' said Richard Donovan, a partner at Kelley Drye & Warren LLP.
"'But Whole Foods did manage to consummate the deal,' Donovan said. 'Ultimately, Whole Foods was pretty successful for what it wanted to do.'"
This news was also published in TheDeal.com.