In the news release, The Law Office of Brad Wertheimer
Investigates Claims That the Proposed Acquisition May Not Be in the
Best Interest of Investors of Chiquita Brands International, Inc.,
issued 28-Oct-2014 by Law Offices of
Brad Wertheimer over PR Newswire, we
are advised by the company that updates have been made to the
second paragraph. The complete, corrected release follows:
The Law Office of Brad Wertheimer Investigates Claims That the
Proposed Acquisition May Not Be in the Best Interest of Investors
of Chiquita Brands International, Inc.
PHILADELPHIA, Oct. 28, 2014 /PRNewswire/ -- The Law Offices of
Brad Wertheimer is investigating
claims on behalf of investors in Chiquita Brands International Inc.
(NYSE: CQB), concerning the proposed acquisition of Chiquita by
Cutrale-Safra. Chiquita shareholders seeking more information about
this acquisition are advised to contact Kenneth Cooper at 267.687.2720 or
ken@bradwertheimer.com.
The investigation concerns whether the Chiquita directors are
breaching their fiduciary duties by failing to adequately maximize
shareholder value. Under the terms of the agreement,
Cutrale-Safra will acquire all outstanding shares of Chiquita for
$14.50 per share in an all cash
transaction valued at $1.3 billion,
including the assumption of Chiquita's net debt. However, at
least one analyst has a price target of $16.00.
Attorney Advertising: Prior Results Do Not Guarantee A Similar
Outcome.
SOURCE Law Offices of Brad
Wertheimer