Article: Michael Foods To Sell Kohler Mix Specialties To Dean Foods.

MINNETONKA, Minn. -- MINNETONKA, Minn., June 5 /PRNewswire/ -- Michael Foods, Inc. announced today that it has signed a letter of intent to sell Kohler Mix Specialties, Inc., its Dairy Products Division, to Dean Foods Company . Terms of the pending cash transaction were not disclosed. The transaction is expected to close during the third quarter. Completion of the transaction is dependent upon several items, including execution of a definitive agreement, completion of due diligence, approval by both companies' Boards of Directors, and receipt of governmental consents. Kohler Mix Specialties had 2002 net sales of over $190 million and has three plants located in White ...

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