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Chiquita Revises Proposal for Doskocil Equity Purchase

THE JOURNAL RECORD, May 17, 1991 | Article details

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Chiquita Revises Proposal for Doskocil Equity Purchase


Special to The Journal Record HUTCHINSON _ A revised preli- minary proposal for the purchase of an equity interested in Doskocil Companies Inc. has been received from Chiquita Brands International Inc., Hutchinson- based Doskocil said Thursday. Chiquita is now proposing to acquire a substantial majority of Doskocil. A proposal received from Chiquita in April was for a minority equity interest. "The terms of the proposal remain preliminary in nature and are subject to substantive negotiations among the parties," Doskocil said in a statement issued Thursday. Doskocil and its subsidiaries, includ- ing Wilson Foods Corp. of Oklahoma City, filed for protection …

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