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Chiquita loses $18M in Q3, turns focus to completing buyout

2014-11-07 06:27:26| Agriculture - Topix.net

Charlotte-based Chiquita Brands International said Thursday that it lost $18 million in the third quarter, as the company struggled with high banana prices and falling sales of salads and healthy snacks. Chief executive Ed Lonergan said the company's focus now is closing a buyout by two Brazilian firms that will take Chiquita private.

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