date:Aug 14, 2013
Fruit and vegetable producer Dole Food Co Inc said yesterday, 12 August, that it had agreed to be taken private by its chairman and chief executive David Murdock, after the 90-year-old raised an offer initially made in June to $1.2 billion.
Investors would receive $13.50 a share in cash, an increase of $1.50 from Mr. Murdock's June proposal, and a 32% premium to Dole's share price immediately before that proposal, the company said on Monday.
Murdock's attempt to buy the fruit and veg company c