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Consolidated Fruit hires banker to examine options for Chiquita

Published on .

Consolidated Fruit Corp., Panama City, Panama, Chiquita Brands International's second-largest shareholder, has hired New York investment bank Gordian Group LP to explore options for the weakened banana grower. Consolidated, an investor group that holds 9.9% of Chiquita's outstanding stock, said it will pursue a variety of possible scenarios, including buying all or part of Chiquita.

Copyright February 2001, Crain Communications Inc.

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