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Whole Foods buys back $22 million of Wild Oats convertibles
By Susanna Moon
Chicago, Nov. 20 - Whole Foods Market, Inc. said it paid off the $22 million in remaining Wild Oats Markets, Inc. convertible debentures.
The company funded the repurchase with proceeds from the sale of Henry's and Sun Harvest stores.
Whole Foods acquired Wild Oats on Aug. 28 for $596 million.
Austin, Texas-based Whole Foods Market and Boulder, Colo.-based Wild Oats Markets are both retailers of natural and organic foods.
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