Dole's 90-year-old CEO offers to take company private

[riky]

Dole's 90-year-old CEO offers to take company private

<p><a href="http://news.yahoo.com/dole-ceo-offers-12-per-share-buy-rest-102906343.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Mbp54HuZd10bkBWIoMPtKw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-11T143022Z_1_CBRE95A0T4S00_RTROPTP_2_APEC-TRADEDEALS.JPG" width="130" height="86" alt="A worker at Dole Food Company scoops up cacao beans at the company's Waialua coffee and cocoa farm in Hawaii" align="left" title="A worker at Dole Food Company scoops up cacao beans at the company's Waialua coffee and cocoa farm in Hawaii" border="0" /></a>By Aditi Shrivastava and Pallavi Ail (Reuters) - At an age when many 90-year-olds are satisfied with playing gin rummy in a nursing home, Dole Food Co Inc Chief Executive David Murdock is planning his next big deal. The billionaire, who already owns 40 percent of one of the world's largest producers and marketers of fruit and fresh vegetables, made an offer on Tuesday to buy out the rest of the company in a deal that values it at just over $1 billion. Dole shares jumped as much as 22 percent to $12. ...</p><br clear="all"/>

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