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This "Appeal" Of Whole Foods' No-Action Letter Isn't Very Appealing

2014-12-29 16:50:09| Grocery - Topix.net

Last week, James McRitchie submitted an "appeal" of the staff's grant of no-action advice to Whole Foods Market, Inc. As explained in this post by Broc Romanek, Whole Foods was able to obtain that staff's concurrence in excluding Mr. McRitchie's proposal in favor of its own. I've typed "appeal" in quotes because there really is no appellate process for no-action letters issued under Rule 14a-8.

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