Fresh Express Abandons Proposed Acquisition of Dole’s Packaged Salad Business in Response to Antitrust Division’s Concerns
Today, 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. The Justice Department issued the following statement from Assistant Attorney