date:Mar 14, 2013
Dole Food Company, Inc. has announced financial and operating results for the fourth quarter and fiscal year ended December 29, 2012. The consummation of the sale of Doles worldwide packaged foods and Asia fresh businesses on April 1, 2013 to Itochu Corporation, for $1.685 billion in cash, will result in a major portion of Doles operations being sold.
The new Dole will have a smaller footprint as a commodity produce company with two lines of fresh produce businesses, which are classified as co