CANADENSIS, Pa. (AP) — A northeastern Pennsylvania resident said he's been stopped and questioned more than 20 times by authorities who have mistaken him for a man sought in the killing of a state trooper, including one encounter at gunpoint that left him fearing for his life.
Brazilian bidders upped their offer Thursday for banana giant Chiquita Brands ahead of a Chiquita shareholder vote on whether it should instead merge with European rival Fyffes. Juice exporter Cutrale Group and investment bank Safra Group raised their previous cash offer for Chiquita by 50 cents to $14.50 a share, valuing the company at $682 million. The two argued that the new bid was worth 20 percent more to shareholders than the current value of a Chiquita-Fyffes merger, which would create the world's largest distributor of bananas and other fruits. Chiquita, which rejected the Brazilian duo's earlier bid, said it would weigh the increased offer even as it heads to Friday's shareholder vote on the Fyffes merger.