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S&P: Whole Foods unchanged
Standard & Poor's said that a federal appeals court ruling that effectively reverses a lower court decision approving last year's acquisition of Wild Oats Markets Inc. has no immediate impact on the ratings on Whole Foods Market Inc. (BB+/negative).
Although the ruling remands the case back to the U.S. District Court for the District of Columbia, the agency said that it does not see it changing the company's daily operations or its continued integration of the Wild Oats stores.
Wild Oats has effectively been deconstructed since the acquisition, S&P said.
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