Dole Food Company, Inc. Responds to Market Rumors


Wed. September 12th, 2012 - by Jordan Okumura-Wright

<p> <strong>Westlake Village, CA</strong><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Dole Food Company, Inc. is responding to market rumors. The company has announced that as part of its previously announced strategic review, it is in advanced negotiations with ITOCHU Corporation for the possible sale of its Packaged Foods and Asia Fresh businesses, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> At this time, no definitive agreements have been reached. Dole continues in discussions with several other parties regarding these assets and others. The company is the world’s largest producer and marketer of high-quality fresh fruit and fresh vegetables, and is the leading producer of organic bananas and producer/shipper of organic pineapples.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.dole.com" target="_new"> Dole Food Company, Inc. </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">