News related to milk business, tax fluctuations, nation-wide practises, technology advancements and much more.
Top negotiators from China and the U.S. talked again this weekend, after signs of concessions from both sides on some of the outstanding issues.
At a first-day bankruptcy hearing, an attorney for a third of the company’s bondholders said that while Dean is “focusing exclusively” on a combination with the co-op, that option won’t be “value-maximizing.”
Dairy Farmers of America Inc, the biggest U.S. dairy cooperative, is in advanced talks to acquire U.S. milk processor Dean Foods Co. But other would-be buyers could emerge.
Dean Foods said it has nearly $850 million secured in debtor-in-possession financing to continue regular operations until the deal is finished.
The FDA recently released the testing methods it is using to test for 16 types of per- and polyfluoroalkyl substances (PFAS) in a variety of food groups.