Dean Foods (DF) said on Friday that it was contesting a complaint filed by the Department of Justice challenging its April 2009 acquisition of Foremost Farms. The company expects its acquisition of the DePere and Waukesha, Wis. fluid milk processing plants from Foremost is fully compliant with antitrust laws, and will defend itself vigorously against the complaint.
The company expects that, from the time of the acquisition almost a year ago, this transaction has benefitted Wisconsin dairy farmers by providing a stable and growing outlet for their milk. In addition, the transaction already has produced important cost savings that will benefit customers and spur competition in and around Wisconsin. It promises to deliver even greater customer benefits once the DePere and Waukesha plants are fully integrated into the Dean network.
The company expects an objective judicial review of the facts would reveal that competition is alive and flourishing in Wisconsin.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.