Fresh Express Abandons Proposed Acquisition of Dole’s Packaged Salad Business in Response to Antitrust Division’s Concerns
Fresh Express Acquisition LLC’s, a wholly-owned subsidiary of Chiquita Holdings Limited (Chiquita), announced its decision to abandon its proposed $308 million acquisition of Dole plc’s Fresh Vegetables division. The abandonment comes in response to the department’s concerns about competition in the packaged salad market. …