Deals
Dole's 94-Year-Old Owner to Take Fruit Producer Public Again
- Chairman and biggest shareholder David Murdock steering deal
- Murdock took the food producer private twice in a decade
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David H. Murdock, the 94-year-old owner of Dole Food Co., is taking the fruit and vegetable producer through its third initial public offering.
It’s the latest step in a long, colorful history involving Murdock and Dole. He took the 166-year-old company private for the first time in 2003, after rescuing the food producer from bankruptcy more than two years earlier. Murdock oversaw the re-listing of Dole in a 2009 IPO.