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Stock Market & Financial Investment News

News Breaks
July 8, 2013
10:18 EDTCQBChiquita Brands downgraded to Hold from Buy at Standpoint Research
News For CQB From The Last 14 Days
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August 27, 2014
05:30 EDTCQBChiquita Brands, Fyffes now see $60M of annualized pre-tax cost savings
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August 26, 2014
05:44 EDTCQBChiquita Brands announces share acquisition ny executive officers
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August 17, 2014
18:43 EDTCQBInvestors should take profits in Chiquita Brands, Barron's says
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August 15, 2014
17:48 EDTCQBSafra-Cutrale file proxy to solicit against Chiquita transaction with Fyffes
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August 14, 2014
16:14 EDTCQBChiquita says board determines Cutrale/Safra offer not in best interests
Chiquita Brands announced that its board of directors unanimously determined that the unsolicited offer from the Cutrale Group and the Safra Group announced on August 11, to acquire all of the outstanding stock of Chiquita for $13.00 per share in cash, is inadequate and not in the best interests of Chiquita shareholders. Having made such a determination, Chiquita has determined not to furnish information to, and have discussions and negotiations with, the Cutrale Group and the Safra Group at this time. The Chiquita board has also unanimously reaffirmed its recommendation that Chiquita shareholders vote to approve the definitive merger agreement between Chiquita and Fyffes. Chiquita remains committed to completing its transaction with Fyffes, which it believes will create a combined company that is better positioned to succeed in a highly competitive marketplace, while driving strong performance and value for shareholders.

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