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First Drip (1/15/15): Chiquita reflux, Pope on Hebdo, Boko Haram destruction worse than thought

2015-01-15 17:45:03| Agriculture - Topix.net

Chiquita Brands International said Wednesday that it would pay back millions in incentives that state and local governments granted to woo the company to Charlotte, raising questions about the use of incentives to spur economic growth. The corporation is moving its headquarters and hundreds of jobs, despite its earlier promise to keep its headquarters in town for 10 years.

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Chiquita closing North Carolina headquarters after buyout

2015-01-15 11:08:42| Food - Topix.net

Chiquita's interim Chief Executive Officer Brian Kocher told employees Wednesday the company's Charlotte operations will shut down over the next year to eighteen months. The announcement comes a week after Chiquita's completed buyout for about $680 million by Brazilian juice company Cutrale Group and investment firm Safra Group, headed by Brazilian billionaire Joseph Safra.

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Terror-Support Claims Plague Chiquita in Fla.

2015-01-15 02:49:30| Food - Topix.net

Banana producer Chiquita must face claims that it supported a terrorist organization that kidnapped and killed U.S. Christian missionaries in Colombia, a federal judge ruled. Cincinnati-based Chiquita Brands International, one of the largest banana producers and distributors in the world, owns farms in Costa Rica, Guatemala, Honduras and Panama.

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