Whole Foods angered with FTC info release

AUSTIN, Texas Whole Foods Market Tuesday responded to the news that the Federal Trade Commission had mistakenly released confidential information regarding the company's planned merger with Wild Oats calling it a violation of the Court's confidentiality order. According to a company statement, the information released by the FTC was twice ordered by the District Court to be held under seal.

"Until the merger is complete, Whole Foods will not have sufficient information, including store level financial statements, to make any final decisions regarding future operations. All information shared with the FTC was done so with the reasonable understanding that it would be handled appropriately," the company reported.