Dole Food Company Inc. Message Board

  • zoomlik zoomlik Oct 11, 2012 7:00 PM Flag

    Don't listen to non sense

    Usually takes me a while to get facts right, but eventually I do ..

    Fact 1- they got about $1.55 B in cash after taxes and recorded after profit of about $3 a share
    For the sale

    Fact 2- income lost from biz is replaced by about same in interest expense savings
    Of about $100m a year

    Facts 3- new biz has about $4B rev, $200m ebitda
    And $20m for interst expense and net debt is going to be about zero

 
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