SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: E_K_S11/12/2019 8:55:04 AM
  Read Replies (1) of 78682
 
Dean Foods files Chapter 11
Nov. 12, 2019 7:09 AM ET|About: Dean Foods Company (DF)|By: Clark Schultz, SA News Editor

Dean Foods (NYSE: DF) announces that it's initiated Chapter 11 reorganization proceedings in the Southern District of Texas.

The food company intends to use the bankruptcy process to protect and support its ongoing business operations and address debt and unfunded pension obligations while it works toward an orderly and efficient sale.

Dean Foods says it's in advanced discussions with Dairy Farmers of America regarding a potential sale of assets.

Shares of Dean Foods are halted.

-------------------------------------------------------

As expected, they also have large unfunded pension liability

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext