Las Vegas Sun

November 12, 2009

Currently: 63° | Complete forecast | Log in

Chairman taking firm private

Thursday, Dec. 19, 2002 | 9:47 a.m.

WESTLAKE VILLAGE, Calif. -- Dole Foods Chairman David H. Murdock has agreed to buy the rest of the giant food company and take it private in a $2.5 billion deal.

Murdock will pay $33.50 per share for the approximately 76 percent of the company's outstanding common stock he doesn't already own, Dole said in a statement late Wednesday.

That's $4 a share more than the price the self-made billionaire offered in September.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Calendar »

  • 12 Thu
  • 13 Fri
  • 14 Sat
  • 15 Sun
  • 16 Mon