Smart Logistics Global Dips After Hours as SLGB Brushes Against Nasdaq $1 Requirement
Calavo Growers’ shares stopped trading on Nasdaq after Mission Produce completed its acquisition, with former Calavo holders receiving $14.85 in cash and 0.9790 Mission shares per Calavo share. Mission closed Friday at $10.29, down 3.1%, valuing the total deal at about $24.92 per Calavo share. Calavo has been removed from major indices, and Mission will report Q2 results June 8.