Chiquita to be Acquired by Consolidated Fruit?
Cornelius and Max are cautiously optimistic about a Wall Street Journal report that Consolidated Fruit may increase its stake in Chiquita Brands. Chiquita owns one of the most well known brands in consumer marketing history. Although the brand is not likely to go away in any event, we would support structural improvements to the business. If that means acquisition by Consolidated Fruit, so be it.