The FTC's attempt to block the planned merger of Whole Foods and Wild Oats has been stymied. A federal judge has rejected the attempt, which could mean good news for the proposed XM-Sirius merger.
According to an analyst report from Stifel Nicolaus, the ruling is a "modest positive" for the pending XM-Sirius merger and Google-DoubleClick transactions, both of which are under scrutiny by the Department of Justice/FCC and FTC respectively, writes Radio Ink.