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OTHER NEWS - Dec. 1, 1994

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From Times Staff and Wire Reports

Dole Now Owns About 99.5% of Castle & Cooke: The Westlake Village-based food company said its Dole Acquisition Corp. unit accepted all 5,019,947 tendered shares in the Hawaiian real estate developer at $15.75 apiece and that it expects the merger to take place within 30 days. Under Hawaii law, Dole Food Co. said, it can complete the merger with Castle & Cooke Homes Inc. without the need for a vote of that company’s shareholders.

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