US Edition#Calavo Growers Sells Fresh Cut Business for $83 Million: A Strategic Move to Enhance Shareholder Value amid Financial Headwinds
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#Calavo Growers Sells Fresh Cut Business for $83 Million: A Strategic Move to Enhance Shareholder Value amid Financial Headwinds
In a dynamic and rapidly evolving agricultural and food sector, Calavo Growers, Inc. (NASDAQ: CVGW) has made headlines with its recent decision to divest its Fresh Cut business for an impressive $83 million. This strategic move comes amidst financial challenges that have prompted the company to reevaluate its operations. With a focus on enhancing shareholder value, Calavo is poised to utilize the proceeds to invigorate its stock repurchase progr…
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