Chiquita yesterday agreed to a $682 million takeover by Brazilian juice company Cutrale Group and Safra investment firm.
Cutrale-Safra had been attempting to win control of Chiquita for months, but the banana company rejected three previous offers from the group, planning instead to merge with Irish competitor Fyffes.
The agreement comes just days after Chiquita shareholders finally voted to reject the merger with Fyffes.
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