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Posts tagged as “america”

America’s largest milk producer files for bankruptcy

America’s largest milk producer files for bankruptcy Some of the dairy brands owned by Dean Foods Dean Foods, America’s largest milk producer, is filing for bankruptcy. The 94-year-old company has struggled in recent years because Americans are drinking less cows milk. 2019 has been particularly brutal: the company’s sales tumbled 7% in the first half of the year, and profit fell 14%. Dean Foods (DF) stock has lost 80% this year The company, which produces some of the country’s most…

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