Murdock's Bid for Dole Bears Fruit for Paul Hastings

, The Am Law Daily


Billionaire David Murdock, who serves as chairman and CEO of Dole Food Company, has sent a letter to the company's board proposing that he acquire the roughly 60 percent stake he does not already own. Paul Hastings is representing Murdock, whose $645 million offer for the outstanding stake values Dole at $1.1 billion overall.

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