Dairy Farmers Of America To Buy Bankrupt Dean Foods

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(Dallas, TX) — Dairy Farmers of America is buying Dallas-based Dean Foods, the nation’s largest milk producer.

DFA announced on its web site on Monday that it’s agreed to buy Dean Foods for 425-million-dollars. Dean Foods declared bankruptcy in November, blaming a drop in milk consumption among Americans in favor of soft drinks, juice and almond milk. DFA headquarters are in Kansas City, but locally there is a facility in Grapevine.

Last month, Dallas-based Borden also filed for bankruptcy protection.