What's Driving Calavo Growers' 13% After-Hours Surge? - Calavo Growers (NASDAQ:CVGW)

What's Driving Calavo Growers' 13% After-Hours Surge? - Calavo Growers (NASDAQ:CVGW)

Calavo Growers Inc. (NASDAQ:CVGW) shares jumped 12.93% in after-hours trading to $25.50 following the release of its results and the announcement of a merger agreement with California-based Mission Produce Inc. (NASDAQ:AVO). Mission Produce Merger Terms Calavo Growers entered a definitive merger agreement in which Mission Produce will acquire the company for $27 per share, based on Mission's 30-trading-day volume-weighted average price ending Ja…

Mission Produce buys avocado rival Calavo in deal worth $430M

The acquisition gives the produce giant a path to enter the ready-made guacamole market and expand its portfolio to include tomatoes and papayas.

Avocado supplier Calavo posts 192% profit jump and plans Mission tie-up

Shareholders offered $27 per share in cash and stock as Calavo reports 192% net income growth and outlines Mission Produce merger terms.

Mission Produce Announces Agreement to Acquire Calavo Growers, Expanding North American Avocado Business and Diversifying Portfolio Across Fresh Produce

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