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Curdling Dairy Industry Sends Borden Into Ch. 11 In Del.

By Jeff Montgomery (January 6, 2020, 10:26 AM EST) -- Borden Dairy Co. took its more than 160-year-old business into Chapter 11 in Delaware late Sunday, saying that a $256 million and growing debt load, declining milk and dairy consumption, rising costs and increased competition in the food and beverage industry had soured its financial outlook....

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