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Chiquita Rejects Merger With Fyffes, Sources Speculate Discussions With Cultrale/Safra Finalized
Saturday, October 25, 2014 - 11:14am | 204Chiquita Brands International Inc (NYSE: CQB) announced on Friday that based on the votes cast during its Special Meeting of Shareholders, an agreement with Fyffes has not been approved. Accordingly, Chiquita delivered a notice to Fyffes officially terminating the transaction agreement. The...
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Barron's Recap: Detroit Will Rise Again
Sunday, March 16, 2014 - 3:53pm | 768This weekend in Barron's online: how to fix Detroit, an ETF special report, the annual ranking of online brokers, as well as the prospects for Matson. Cover Story "How to Fix Detroit" by Jonathan R. Laing. Though it will cost bondholders dearly, Motown has a shot at a second chance, says this...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Top Banana: Chiquita And Fyffe Announce Merger
Monday, March 10, 2014 - 10:42am | 609On Monday, the Board of Directors of Chiquita Brands International (NYSE: CQB) and Fyffes unanimously approved a merger to create ChiquitaFyffes Plc, a global banana and fresh produce company with $4.6 billion in annual revenue. The transaction is expected to complete before the end of 2014....