Dairy Farmers of America wins bid for Dean Foods
The milk cooperative Dairy Farmers of America has entered into an agreement to buy most of milk processor Dean Foods’ assets as part of the latter’s bankruptcy proceedings. If approved, the $433 million deal will make DFA both the largest milk supplier and the largest milk processor in the country.
DOJ probes Dean Foods/Dairy Farmers of America proposed merger
The Department of Justice is looking into the potential antitrust implications of a proposed deal between bankrupt milk processor Dean Foods and the giant dairy cooperative Dairy Farmers of America (DFA). According to a Monday report in the Wall Street Journal, the department is …
Dean Foods files for bankruptcy, considers sale to Dairy Farmers of America
Dean Foods, one of the country’s largest milk processors, filed for bankruptcy and is exploring a sale to leading dairy cooperative, Dairy Farmers of America. The company has reported losses for eight of its last ten quarters, including five consecutive quarters. Dean attributes its weak …
Farmers’ case against giant dairy co-op will go to trial
A collection of dairy farmers who allege anti-competitive conduct by the nation's largest dairy cooperative will take their case to a jury trial. A U.S. district court judge late last week denied a motion for summary judgment — which would have wrapped the case up without trial — from defendant Dairy Farmers of America (DFA).(No paywall)
St. Albans dairy co-op members vote to merge with Dairy Farmers of America
The farmer-members of the St. Albans Cooperative Creamery in Vermont voted overwhelmingly on Monday to merge with the nation’s largest dairy cooperative, Dairy Farmers of America.
What a dairy cooperative merger could mean for farmers in the Northeast
Members of the St. Albans Cooperative Creamery, a century-old dairy cooperative in Vermont, will vote later this month on whether to merge with the nation’s largest dairy cooperative, Dairy Farmers of America. But even as low milk prices and ongoing consolidation have threatened the region’s dairy farmers, St. Albans’ members are split on whether linking up with DFA will address their woes.