Dairy Co-Op Can't Duck Antitrust Suit Over Dean Foods Deal
Law360 (July 24, 2020, 8:56 PM EDT) -- A North Carolina federal court on Friday rejected a bid by Dairy Farmers of America to escape a suit from Food Lion LLC targeting its acquisition of three processing facilities from bankrupt milk producer Dean Foods in part of a much larger deal.
U.S. District Judge Catherine C. Eagles issued an order denying DFA's motion to dismiss the suit from Food Lion and a regional dairy cooperative challenging DFA's purchase of facilities in North Carolina and South Carolina from Dean Foods. The plants were part of a broader $433 million deal between DFA and Dean Foods that the U.S. Department of Justice's Antitrust...
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