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The deal comes three days after the N.C. produce distributor's shareholders rejected its planned merger with Fyffes.
Trade-Ideas LLC identified Chiquita Brands International (CQB) as a pre-market mover with heavy volume candidate
Cutrale Group and Safra Group agreed to acquire the marketer and distributor of bananas and other fresh produce for about $681 million.
Chiquita Brands (CQB) stock is gaining after the company's shareholders voted to terminate the potential Fyffes (FYFFF) merger deal in favor of the Cutrale/Safra takeover.