Courts allow Dean Foods to access seized funds

Courts allow Dean Foods to access seized funds

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A U.S. court approves financing for Dean Foods. The ruling authorizes the dairy producer to access up to $475 million dollars of the $850 million seized by creditors.

It allows the company to keep the business operating, pay employee wages & benefits, and make payments to suppliers and vendors.

According to some reports, there could be an agreement for the co-op, Dairy Farmers Of America, to buy a major portion of Dean Foods.

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