Chiquita to talk with potential buyers

[unhappycamper]

http://hosted.ap.org/dynamic/stories/U/US_CHIQUITA?SITE=VANOV&SECTION=BUSINESS&TEMPLATE=DEFAULT

Chiquita to talk with potential buyers
Sep 10, 1:20 PM EDT

NEW YORK (AP) -- Not even a month after flatly rejecting a takeover bid by two Brazilian companies, Chiquita will open its books to them.

Should Chiquita eventually see eye-to-eye with the investment firm Safra Group and Cutrale Group, a juice company, it could scuttle a proposed tie up with the Irish fruit company Fyffes, a merger that is far along in the process.

~snip~

There has also been pushback on a national level against the type of deal Chiquita is trying to engineer with Fyffes.

The new company, called ChiquitaFyffes PLC, with a new headquarters in Ireland, would allow Chiquita to lower its U.S. tax rate.

[littlemissmartypants]

1. Captain Inversion strikes again. nt