BRIEFCASE DOLE NOTES TO FUND STOCK ACQUISITION.Byline: - Staff and Wire Services WESTLAKE VILLAGE - Pineapple growers Dole Food Company Dole Food Company, Inc. is an American-based agricultural multinational corporation headquartered in Westlake Village, California and is the leading grower and packer of such food items as bananas, pineapples (fresh and packaged), grapes, strawberries, and other fresh and frozen Inc. announced on Tuesday its plans to offer $375 million in senior notes and the creation of a proposed holding company, DHM DHM Deutsches Historisches Museum (Berlin) DHM Deutsche Harmonia Mundi DHM Digital Human Modeling DHM Department of Hydrology and Meteorology (Nepal) DHM Deep Heat Mining DHM Diploma in Hotel Management Holding Company. DHM is expected to offer $75 million in senior notes. Dole and DHM intend to use the net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of the offering to finance Chairman David Murdoch's plans to acquire the 76 percent of the company's common stock he and his family do not already own. Vivendi's suitor may call off effort UNIVERSAL CITY - Former oil tycoon Marvin Davis has threatened to withdraw his $20 billion bid for Vivendi's Universal entertainment assets if the Paris-based company does not negotiate exclusively with him. The issue is expected to be resolved Thursday at a Vivendi Universal board of directors meeting in Paris, according to people familiar with the negotiations. Davis, annoyed with the slow pace of talks and Vivendi's effort to consider competing bids for its U.S.-based entertainment companies, sent a letter to Vivendi Universal last week with his ultimatum, according to the source. Davis would not comment on the negotiations. A spokesman for Vivendi Universal did not immediately return a phone call for comment. Cash-strapped Vivendi wants to sell Universal Studios, its Universal theme parks and its television production company. Superstar banker quits amid probe NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - A former star investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. with Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. resigned Tuesday amid intense regulatory scrutiny and a pending criminal probe into his activities during the dot-com boom. Frank Quattrone and the firm agreed it was ``in their respective best interests'' for him to leave, CSFB CSFB Credit Suisse First Boston CSFB Cyclically Shifted Filter Bank said in a statement. A statement issued by Quattrone's spokesman, Bob Chlopak, said the banker had elected to resign and now would be able to ``devote his time and energy to addressing the issues raised by the various investigations.'' The resignation agreement essentially suspends the legal and financial obligations of his contract with CSFB. The firm will continue to pay his legal fees, sources close to the matter said. FTC FTC See Federal Trade Commission (FTC). votes to block ice cream merger The Federal Trade Commission voted Tuesday to seek a preliminary injunction to block the $2.8 billion merger of Nestle's U.S. ice cream business with Dreyer's Grand Ice Cream. The FTC said the proposed deal would eliminate competition and raise prices for superpremium ice cream. The FTC said antitrust concerns led it to begin investigating the proposed merger shortly after the companies announced their intent to join in June. Nestle, which makes the Haagen-Dazs brand, would have added ice cream brands This is a list of ice cream brands currently in production around the world.
That combination would have given Nestle-Dreyer's about 60 percent of the United States superpremium ice cream market, the commission said. The two companies had sought to merge to better compete with Unilever, which markets the Breyers and Ben & Jerry's brands, in the $25 billion global ice cream market. |
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