All I'm saying is if you give an ugly whore a face-lift you won't be looking at julia roberts afterwards you'll be looking at f---ing Frankenstein. And that's what I see when I look at chiquita. This stock is going to plummet like Tom Green's career but guess who's getting fingered here!!
The closing price today(4-26) for CQB was $17.00/share common. CQBWS was $6.25/per
warrant (share). Warrants can be traded like shares but have an end date and do not receive dividends.
the value of your holdings would be:
1 x 17.= $17
23x 6.25= $143.75
Total = $150.75
$150.75 present/200 old shares=$.76 share pre
Actually, I just fell off the turnip truck, but Mommy now lets me hold the hanky.
Sorry, was being lazy. Last report (some time ago, obviously) I read seemed to indicate that Lindner would still be in charge post-deal. Glad to hear that's not the case.
Carl has a 5% share of the company and is one of the board members. There are no other Lindner's on the Board of Director's.
Warshaw should only be the first to go. The top management sat and cried for 10 years about the EU. Dole got into the salad business and DelMonte developed the golden pineapple. Both are making money while Chiquita bled $.
The new CEO and COO are on a fact finding mission. After they figure out what works and what doesn't they will be shedding the losers.
Did someone just chip you out of a block of ice? This information was published extensively in just about every major newspaper in the country, as well as the internet. The amount of effort you need to find this out for yourself is so minimal that you should be embarassed for yourself. I bet your mommy still holds the hanky while you blow your nose!
The info on the new board and 2 top guys is in all the press releases.
But to clarify another comment, ALL THE MANANGEMENT OTHER THAN THE NEW CHM AND COO WERE EITHER HIRED BY OR PROMOTED UNDER CARL'S, KEITH'S, WARSHAW'S REIGN. WHO REALLY LET COSTS AND QAULITY GET OUT OF CONTROL FOR THE LAST 10+ YEARS.
He and another Lindner named person are on the board of directors, Unkel Karl still owns some 10% of the new CQB. As far as day to day management, the top dogs are no longer Lindner cronies, but almost all other management has come up through the Lindner school of passing the buck.