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For The Record

October 16, 2009

Dole Food: A headline and an article in Business on Wednesday about Dole Food Co.'s plans to sell stock to the public overstated the decline in the equity value of Dole. The article said the equity value of the company had dropped by about half to $1.2 billion from $2.5 billion since financier David Murdock took it private in 2003. The equity value, however, was $1.9 billion at the time of the takeover, making the decline about 35%.

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