WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Jun. 25, 2013--
Dole Food Company, Inc. (NYSE: DOLE) today announced that it has
designated a special committee of its Board of Directors to act on
behalf of the Company in respect of the acquisition proposal made by
David H. Murdock on June 10, 2013. The special committee consists of the
four members of the Board of Directors who are independent, and will be
chaired by Andrew J. Conrad. The special committee has engaged Lazard as
its financial advisor and Sullivan Cromwell LLP as legal counsel.
No assurance can be given that Mr. Murdock’s proposal, or any other
transaction, will be consummated. The Company does not intend to
disclose developments regarding these matters unless and until its Board
of Directors determines there is a need to update the market.
About Dole Food Company, Inc.
Dole Food Company, Inc., with 2012 revenues from continuing operations
of $4.2 billion, is one of the world’s largest producers and marketers
of high-quality fresh fruit and fresh vegetables. Dole is an industry
leader in many of the products it sells, as well as in nutrition
education and research. For more information, please visit www.dole.com
or http://investors.dole.com.
Source: Dole Food Company, Inc.
Dole Food Company, Inc.C. Michael Carter, 818-879-6801
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