CEO to take Dole Food private in $1.2B deal

WESTLAKE VILLAGE, Calif. Dole Food says it will be taken private by its CEO in a deal that values the company at approximately $1.21 billion. Dole shareholders will receive $13.50 per share, a 5 percent premium to its $12.81 Friday closing price. This is a sweetened bid, up from the $12 per share Chairman and CEO David Murdock offered in June. The company put the transaction's total value at …

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