date:Jan 11, 2013
In a document filed with the United States Securities and Exchange Commission yesterday, Dean Foods revealed that it has used cash proceeds from the disposal of its Morningstar division to repay in fullloans due in 2016 and 2017.
The Company used the net cash proceeds from the disposition of the Morningstar division (net of estimated taxes and transaction costs) to repay in full its 2016 and 2017 Tranche B term loan, said the filing.
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