Chiquita Brands International Inc. has announced that its Board of Directors, after careful consultation with its legal and financial advisors, unanimously determined that the offer from the Cutrale Group and the Safra Group announced on Oct. 15 to acquire all of the outstanding stock of Chiquita for $14.00 per share in cash is inadequate and not in the best interests of Chiquita shareholders.
from IFT Daily News http://ift.tt/1FJBOql
from IFT Daily News http://ift.tt/1FJBOql
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