As Suiza Foods Corp.’s $2.5 billion planned takeout of Dean Foods enters its fourth month in a second request by the Department of Justice, an antitrust partner with experience in the DOJ’s review of dairy deals predicted the transaction would fly. And, Dallas-based Suiza, while acknowledging its “disappointment” over Dean’s fiscal fourth quarter numbers, maintains it is committed to the deal and expects a year-end close. On June 19, Suiza issued a release containing its response to Dean’s earnings announcement.
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