Dole Food Co. agreed to a higher takeover offer from Chairman and Chief Executive Officer David Murdock in a deal that now values the fresh fruit and vegetable producer and marketer at $1.21 billion.

Murdock raised his offer to $13.50 a share in cash, the Westlake Village, California based company said in a statement today. That’s a 13 percent boost from the $12 a share Murdock, 90, offered in June for the 60 percent of the company not already owned by him or his family.

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