Why Dole Desperately Wants to Go Private Again

Pickers loading pineapples onto a conveyor belt at a Dole plantation in Wahiawa, Hawaii Photograph by Tim Rue/Bloomberg

It’s not a great time to be in the fresh fruit business. Profit margins are being squeezed, bad weather is a hassle, and growers are increasingly choosing to sell directly to retailers, bypassing a supplier like Dole Food.

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