Bankrupt Milk Producer Dean Foods Finds Buyers For ‘Substantially All’ of its Processing Plants
Dallas-based Dean Foods has found buyers for “substantially all” of its milk-processing facilities in a federal bankruptcy court-supervised auction. …
Dallas-based Dean Foods has found buyers for “substantially all” of its milk-processing facilities in a federal bankruptcy court-supervised auction. …
Dean Foods Company announced that, following a comprehensive sale process and a competitive auction as part of its Chapter 11 process, Dairy Farmers of America (“DFA”) has been named the winning bidder to acquire a substantial portion of Dean Foods’ business operations. …
According to documents filed this week with the U.S. Bankruptcy Court in Houston, Dean Foods Company revealed that Dairy Farmers of America is no longer the lead bidder in the upcoming bankruptcy sale. …
A hearing is scheduled for Thursday on a motion by Dean Foods Co. to have DFA serve as a “stalking horse bidder” for its assets. The stalking horse bidder provides an offer that serves as a floor for bidding in a court-run auction. …
Dairy Farmers of America, Inc. (DFA) announced today an agreement has been reached with Dean Foods (Dean) for the farmer-owned Cooperative to become the stalking horse bidder to acquire a substantial portion of Dean’s assets and business. …
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