Article: Dean Foods Buys Remaining Stake in Longmont, Colo.-Based Horizon Organic.

By Matt Branaugh, Daily Camera, Boulder, Colo. Knight Ridder/Tribune Business News

Jul. 1--The Happy Cow got a whole lot happier on Monday.

Dean Foods Co. said Monday it will pay $216 million and assume $40 million in debt to buy the remaining 87 percent stake it didn't already own in Longmont-based Horizon Organic Holding Corp., the organic dairy products maker with a blissful bovine logo.

The deal, pending shareholder approval and expected to close during fourth ...uarter, will make Horizon a wholly owned subsidiary of Dallas-based Dean Foods, the nation's largest dairy distributor.

Horizon's head...uarters and executive team ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!