date:Aug 13, 2013
om majority shareholders, but Feeney said Murdock had a strong leverage position as he offered a high premium that other bidders were unlikely to match.
Dole said Murdock would fund the deal with his own cash and equity, and through committed financing by Deutsche Bank, Bank of America and The Bank of Nova Scotia.
The deal, which is expected to close in the fourth quarter, also allows Dole a 30-day go-shop period, during which it can solicit offers.
Lazard advised Dole's special committee in