Got Milk? Dean Foods Files For Chapter 11 Bankruptcy
America's largest processor of fresh fluid milk, Dean Foods Co (NYSE: DF ) confirmed Tuesday in a press release it filed for Chapter 11 bankruptcy protection. What Happened Dean Foods and substantially all of its subsidiaries initiated a voluntary bankruptcy proceedings in the Southern District of Texas, the Dallas-based company said in a press release. At the same time the company is in talks with the Dairy Farmers of America to explore a sale of substantially all of its assets. In the interim, Dean Foods is operating as usual after receiving a commitment of around $850 million … Full story available on Benzinga.com
Got Milk? Dean Foods Files For Chapter 11 Bankruptcy
America's largest processor of fresh fluid milk, Dean Foods Co (NYSE: DF ) confirmed Tuesday in a press release it filed for Chapter 11 bankruptcy protection. What Happened Dean Foods and substantially all of its subsidiaries initiated a voluntary bankruptcy proceedings in the Southern District of Texas, the Dallas-based company said in a press release. At the same time the company is in talks with the Dairy Farmers of America to explore a sale of substantially all of its assets. In the interim, Dean Foods is operating as usual after receiving a commitment of around $850 million … Full story available on Benzinga.com