Burdened by debt, Borden files for bankruptcy reorganization
Once the world’s largest dairy operator, Borden Dairy said it filed for Chapter 11 bankruptcy reorganization, aiming to reduce its debt load “and position the company for long-term success.” The bankruptcy filing over the weekend in Delaware courts followed the November bankruptcy of Dean Foods, one of the largest U.S. milk processors. Borden, with a… » Read More
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