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Source: Anna-Lisa Laca, AGWEB, 3/31/20
Dean Foods today announced that, following a comprehensive sale process and a competitive auction as part of its Chapter 11 process, Dairy Farmers of America has been named the winning bidder to purchase a large portion of Dean Foods’ assets. Within the agreement, which is subject to final approval by the Bankruptcy Court, DFA will acquire the assets, rights, interests, and properties relating to 44 of Dean Foods fluid and frozen facilities for $433 million.
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