Dole Food eyes 'strategic alternatives'

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Dole Food Co. said it hired Goldman Sachs & Co. to "explore strategic alternatives." Dole last month warned of lower-than-expected earnings for its fourth quarter due to market conditions that include an oversupply of bananas in Europe and weak lettuce prices in the U.S. A Dole spokesman declined comment on what it would do.

Copyright January 2000, Crain Communications Inc.

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