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Chiquita sold to Brazilian company, goes private.
Brazilian companies Safra Group and Cutrale completed their acquisition of Chiquita Brands International Tuesday, taking the Charlotte-based banana producer private.
Chiquita agreed in October to be acquired by investment firm Safra Group and juice company Cutrale Group for about $681 million, or $14.50 per share. The agreement came after shareholders rejected a proposed merger with Irish produce company Fyffes first announced in March.
http://www.charlotteobserver.com/2015/01/06/5428370/chiquita-acquisition-a-step-closer.html?utm_source=dlvr.it&utm_medium=twitter#storylink=rss
Chiquita agreed in October to be acquired by investment firm Safra Group and juice company Cutrale Group for about $681 million, or $14.50 per share. The agreement came after shareholders rejected a proposed merger with Irish produce company Fyffes first announced in March.
Chiquita is leaving its offices/headquarters in NC.
I have no idea where it will be moving to, probably Brazil?
