Items Tagged with 'bankruptcy'

Hearthside reports its restructuring will allow it to eliminate more than $1.9 billion of its debt and secure $200 million of new equity capital at exit.

Dean Foods Company and some of its subsidiaries have entered into an asset purchase agreement with Dairy Farmers of America by which DFA will acquire a substantial portion of Dean Foods’ business operations. If the agreement is approved, DFA will acquire 44 of the Dean Foods’ fluid and frozen facilities and the real estate, inventory, equipment, and all other assets necessary to operate such facilities (aka the “Stalking Horse Assets”).