Dean Foods Successfully Increases Availability Under Its Revolving Credit Facility

July 1, 2019 Dean Foods

Dean Foods Company (NYSE: DF) today announced it has successfully increased the Company’s borrowing base availability to $265 million under its senior secured revolving credit facility by completing post-closing appraisal work.

America’s Biggest Milk Processor is Trading Under a Buck

June 27, 2019 Bloomberg

On Tuesday, shares of Dean Foods—which was based in Franklin Park for more than 70 years until 2001—closed at less than $1 for the first time since they started trading more than two decades ago. The destruction of value—from a peak of $6.2 billion in 2007 to about $90 million now—is as simple to explain as it is dramatic: Americans aren’t drinking as much milk.

Dean Foods Posts Quarterly Loss Amid Conversations With Potential Buyers

Dallas-based Dean Foods posted a larger-than-expected loss in the first quarter of the year, and company executives say they remain “open-minded” about a possible sale of the company.

Dean Foods Stock Gains on Report of a Possible Saputo Purchase

April 15, 2019 Teresa Rivas, Barron's

Dean Foods stock was shooting higher Monday morning on rumors that Canada’s Saputo may be looking to buy the organic-foods maker.

Dean Foods Names Jeff Dawson SVP, Chief Accounting Officer

January 25, 2019 Dean Foods

Dean Foods Company (NYSE: DF) named Jeff Dawson as its Senior Vice President, Chief Accounting Officer, effective January 28, 2019. In this capacity, Dawson will be responsible for enterprise-wide accounting operations, including internal and external financial reporting, and Sarbanes-Oxley compliance.