Dole CEO Joins Take-Private Trend With $1.5B Buyout Bid
Murdock, who already owns about 40 percent of Dole, wants to buy the rest of the company for $12 per share. That’s an equity value of about $1.07 billion, though debt and “other obligations” push the enterprise value of the deal to $1.5 billion.
The 90-year-old CEO and chairman said he has a “highly...
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