CtW Investment Group, an organization that advises pensions for unions belonging to the Change to Win labor group, on Wednesday called on Whole Foods Market Inc. to oust its chief executive, John Mackey, from his position as chairman of the natural foods grocery company’s board. The CtW group wants the company to hire an independent chair that can “establish credibility with regulatory authorities and shareholders.” Mackey's musings on the competitive benefits of “quashing” Wild Oats Markets Inc. comprise the heart of a Federal Trade Commission case to block Whole Foods' $700 million merger with its target. —Ron Orol
Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'
CtW Investment Group, an organization that advises pensions for unions belonging to the Change to Win labor group, on Wednesday called on Whole Foods Market Inc. to oust its chief executive, John Mackey, from his position as chairman of the natural foods grocery company’s board. The CtW group wants the company to hire an independent chair that can “establish credibility with regulatory authorities and shareholders.” Mackey's musings on the competitive benefits of “quashing” 
