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Shareholder Alert: Brower Piven Launches An Investigation Into The...

2014-11-02 00:18:41| Agriculture - Topix.net

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Chiquita Brands International Inc. relating to the proposed buyout of the Company by Cutrale-Safra. On October 27, 2014, Chiquita and Cutrale-Safra announced the signing of a definitive merger agreement pursuant to which Cutrale-Safra will acquire Chiquita in a transaction valued at approximately $1.3 billion.

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