Chiquita Stresses Merge With Fyffes Will Achieve $20 Million In Savings

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CHARLOTTE, N.C. — Chiquita and Fyffes are pushing for support for their merger. In a letter to stockholders, the companies stressed the deal would achieve an additional $20 million in annual savings by 2016.

The merger has already received regulatory approval here in the  US. Now they’re waiting for permission from European authorities to move forward.

Read the full release here.