Paul Hastings Represents David H. Murdock in the $1.6 Billion Acquisition of Dole Food Company
Orange County, CA-- Paul Hastings LLP, a leading global law firm, announced today that the firm is representing David H. Murdock, chairman of the Board and CEO of Dole Food Company, and its largest stockholder, in the negotiation and the financing in connection with the $1.6 billion acquisition of Dole Food Company, Inc.
Under the terms of the merger agreement, Dole stockholders will receive $13.50 in cash for each share of Dole common stock that they hold. The firm will continue to represent Mr. Murdock with the shareholder vote and the closing of the financing and transaction, which is expected to be completed during the fourth quarter of 2013.
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.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.