Dole Food Company, Inc. Stockholders Approve Merger
Votes “FOR” the merger totaled approximately 63.8 million shares, or 70.6% of Dole’s outstanding shares of common stock. Approximately 27.5 million shares, or 50.9% of the shares held by stockholders other than Mr. Murdock and his affiliates and Dole’s directors and executive officers voted “FOR” the merger.
The merger is expected to close on or about
About
Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to a variety of matters, including, but not limited to, the timing and anticipated completion of the proposed merger and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Dole and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements.
Factors that could cause actual results to differ materially from the forward-looking statements contained herein include, but are not limited to: risks arising from the proposed merger’s diversion of management’s attention from Dole’s ongoing business operations; potential adverse reactions or changes to business or employee relationships resulting from the announcement or completion of the proposed merger; litigation or adverse judgments relating to the proposed merger; risks relating to the consummation of the proposed merger, including the risk that certain closing conditions will not be satisfied; the possibility that competing offers for the businesses will be made; the amount of the costs, fees, expenses and charges related to the merger agreement or proposed merger; the failure to obtain the necessary financing for the proposed merger; risks that Dole’s stock price may decline significantly if the proposed merger is not completed; and any changes in general economic and/or industry-specific conditions.
Certain of these and other risks and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements are set forth in the documents filed by Dole
with the
Source:
Dole Food Company, Inc. C. Michael Carter, (818) 879-6801