On April 4, the U.S. Bankruptcy Court for the Southern District of Texas has approved the sale, subject to entry of final agreed orders, of a substantial portion of Dallas, Texas-based Dean Foods’ business operations, including the sale of the assets, rights, interests and properties relating to 44 of the company’s fluid and frozen facilities, […]
Tag: Dean Foods Co.
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Court Approves $850 Million In DIP Financing For Dean Foods
The U.S. Bankruptcy Court for the Southern District of Texas has entered a final order granting Dallas, Texas-based Dean Foods Co. authority to access the full amount of its $850 million in debtor-in-possession (“DIP”) financing. The company previously had received interim approval from the court to access up to $475 million of the DIP financing. […]