date:Jun 13, 2013
al days to set up a special committee of independent directors to consider Murdock's proposal and its implications, in assessing the appropriate course of action that is in the best interests of the company and its stockholders.
In 2003, Murdock took the California-based company private for $2.5bn and took it public in 2009 for $446m by selling shares at $12.50 each which valued the company at more than $1bn.
Murdock served as CEO for Dole from 1985 to 2007; however, he returned to his positio