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Stock Market & Financial Investment News

News Breaks
August 11, 2014
15:00 EDTCQBChiquita Brands confirms $13 per share offer, says 'will review carefully'
Chiquita Brands confirmed that it has received an unsolicited offer from the Cutrale Group and the Safra Group to acquire all of the outstanding common stock of Chiquita at a price of $13.00 per share in cash to Chiquita shareholders. "Consistent with its fiduciary duties, Chiquita's Board of Directors, in consultation with its legal and financial advisors, will carefully review and consider the offer to determine the course of action that it believes is in the best interests of the Company and its shareholders. Chiquita shareholders are advised to take no action at this time and to await the Board's recommendation. Chiquita will have no further comment on the Cutrale Group and the Safra Group's offer until the Board has completed its review," the company stated.
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December 9, 2014
15:45 EDTCQBGabelli raises stake in Chiquita to 8.16% from 6.52%
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