We got the management that finances its own exorbitant paychecks by laying off loyal employees who have been here for decades in some cases. Talk about a horrible and shortsighted move! They are letting invaluable knowledge walk out the door - and they are actually pushing them out instead of fighting to keep them.
And if that wasn't enough, they are bringing in their own people as experts who have zero prior knowledge of the industry.
No wonder this company is falling apart.
I heard that on bankruptcy docket 810 Prairie Farms is listed as a bidder. Would they close any plants?
Thought the sale was supposed to be wrapped up by now.
Motion today for executive team golden parachute.
Auction on June 3 if there’s more than one bidder.
whats with the bids? they filed to reform. There's no auction going on like Deans
Think nows the time to go!! no one left to buy em, last gasp of air for Borden was merging with a bankrupt Broken down dean foods who is now GONE, GAME OVER.. its sad but true..
12 days until bids are due.
Sad it came down to this.
cool. who's buying them though? Their last gasp was trying to form a merger with Deans so obviously when that fell through things got desperate.
June 4
Sale to who? This is interesting
Sale to be complete in June.