After concerns were raised about competition and possible antitrust violations, Dairy Farmers of America and Dean Foods have agreed to drop a proposed bankruptcy purchase agreement. Last month, DFA agreed to pay $425 million to acquire 44 processing facilities from Dean Foods. While that plan will not go forward, the paperwork filed with the bankruptcy court indicates DFA still plans to bid on some of the Dean Foods assets. The deadline for bids is March 30.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.