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Bankruptcy court approves Dean Foods asset sale

Added 04-06-20 11:04:03am EST - “Dean Foods Co. got the go-ahead to sell $433 million worth of properties and interests to the Dairy Farmers of America.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Bankruptcy court approves Dean Foods asset sale”. Below is an excerpt from the article.

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According to the Dairy Farmers of America, members' sales had declined by $1.1 billion dollars in 2018.

A bankruptcy court has approved the asset sale of one of the U.S.'s biggest dairy companies, Dean Foods.

Dean Foods Co. got the go-ahead to sell $433 million worth of properties and interests to the Dairy Farmers of America. Dean filed for bankruptcy protection in November of last year. Another major milk producer, Borden Dairy Co., filed for bankruptcy protection earlier this year.

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