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Chiquita, Fyffes alter merger agreement

2014-09-26 14:01:09| Food - Topix.net

Changes to the proposed merger agreement between Chiquita and the Irish fruit company Fyffes will give Chiquita shareholders a larger stake in what would become the world's largest banana supplier. The companies said Friday that shareholders of Chiquita Brands International Inc., under the revised deal, will hold nearly a 60 percent stake, up from about 51 percent.

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