Dean Foods seeks buyer for Morningstar
date:Sep 27, 2012
ed: The company has not yet identified a buyer for Morningstar, but believes the business possesses an attractive portfolio in a growing marketplace and a top-notch management team.

The company only intends to sell the Morningstar business if it can do so in a transaction that maximizes shareholder value and helps ensure the future success of the business.

The move comes a month after Dean announced plans to spin off 20% of its fast-growing WhiteWave-Alpro unit in an IPO in a bid to reduce its
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