Updated Jun. 17, 2013 at 7:21 a.m.

Premium Lock NC Research Campus founder faces lawsuit in $645M offer for Dole Food

Published: 2013-06-17 05:46:00
Updated: 2013-06-17 07:21:03

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David Murdock David Murdock announces a $50M gift to the David H. Murdock Research Institute. (Photo credit: DHMRI)

Dole's board will be violating its legal duties to get the best possible price for the company unless it rejects the $12-a- share bid by Chief Executive Officer David Murdock for the 60 percent of Dole that he or his family don't already own, a family trust that holds Dole shares claims in a lawsuit....

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