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Chiquita Brands: The Deal With Fyffes Is Probably Dead; A Higher Offer Is Likely

2014-08-20 15:28:15| Agriculture - Topix.net

After Cutrale-Safra made an unsolicited offer to Chiquita Brands for $13.00 per share, the chance that Chiquita Brands closes the merger with Fyffes is slim as the deal is unlikely to secure the requisite approval from Chiquita's shareholders.

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