Calavo Growers Signs Agreement and Plan of Merger With Mission Produce
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Calavo Growers has signed an Agreement and Plan of Merger with Mission Produce, where each Calavo share will convert into 0.9790 Mission shares plus $14.85 in cash at closing. The merger aims to enhance scale, efficiency, and growth opportunities. The agreement is effective from January 14, 2026, and will last until closing or termination by July 14, 2026, with possible extensions. The transaction involves a two-step merger process into Mission subsidiaries.
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