Dole Food (DOLE +1.1%) might not receive an offer materially higher than the $12 per share David...

|About: Dole Food Company, Inc. (DOLE)|By:, SA News Editor

Dole Food (DOLE +1.1%) might not receive an offer materially higher than the $12 per share David Murdoch has offered up, according to speculation on the Dole saga. Weak banana prices and a struggling Dole strawberry business could give Murdock the opportunity to once again land the company at a low price after he accomplished the feat back in 2003, although Barron's thinks holding onto shares is a good idea in case a party comes along to spoil Murdock's plans.