m_and_a
confidence high
sentiment neutral
materiality 0.75
Calavo Growers receives unsolicited acquisition proposal at $32 per share
CALAVO GROWERS INC
- Non-binding proposal to acquire all outstanding shares valued at $32.00 per share in stock/cash combination.
- Proposal is subject to due diligence and financing; may not lead to transaction.
- Board of Directors reviewing proposal with legal and financial advisors.
- Company does not intend to update further unless a transaction is warranted.
item 7.01item 9.01