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Dole Food closes on $1.7 billion Itochu deal

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WESTLAKE VILLAGE, Calif. (AP) — Dole Food has completed its approximately $1.7 billion sale of its worldwide packaged foods and Asia fresh produce businesses to Japanese trading company Itochu Corp. The sale was announced in September and approved by stockholders in December. Dole's packaged foods business includes products such as canned and frozen fruit. Itochu, founded more than 150...