Thread regarding Dean Foods Co. layoffs

DEAN FILES 1 MONTH EXPENSES

Looks like we spent 70 million of the DIP money in just over a month.corporate and their lawyers and committees got over 5 million between them.made over 900million and netted 2 million this should last 10 months.

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Post ID: @OP+1383SFvm

4 replies (most recent on top)

The debt has nothing to do with profit.

The bond continues to climb from all time lows. Trading at $19 now. Was really low at like $12.

The idea is, why would anyone buy the debt unless they know its going to be paid.

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Post ID: @2zuu+1383SFvm

Dairy industry isn’t dying. Many companies in the dairy industry are making money because most who sell fluid milk have other products and fluid milk is a smaller part of what they do.
Stupid unnecessary loans used to pay a dividend that mostly benefited Gregg Engels and his cronies and selling off most everything that wasn’t fluid milk were the biggest contributors to Dean Foods downfall.

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Post ID: @2emj+1383SFvm

You think anyone wants to buy Dean Foods debt? That company hasn’t made a profit in 14 QTR...the dairy industry is dying

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Post ID: @2sxi+1383SFvm

The bond price is climbing - I am only speculating - something must be brewing to cause people to buy the debt.

Anyone know anything about the situation?

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Post ID: @2ism+1383SFvm

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