Deals

Dairy Farmers of America Wants to Buy Dean Foods But Others May Too

A gallon of Dean Foods Co. Dean's TruMoo brand chocolate milk.Photographer: Daniel Acker/Bloomberg
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Dairy Farmers of America Inc, the biggest U.S. dairy cooperative, is in advanced talks to acquire U.S. milk processor Dean Foods Co. But other would-be buyers could emerge.

While discussions are taking place between DFA and Dean, no agreement has been reached for the purchase of all or some of the Dallas-based company’s assets, Monica Massey, executive vice president and chief of staff at DFA, said in an emailed response to questions. She didn’t speculate on prospective bidders.