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Article: Dean Foods Announces Alliance with White Wave's Soyfoods And Becomes Minority Shareholder in White Wave, Inc.
- Article from:
- PR Newswire
- Article date:
- August 23, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRANKLIN PARK, Ill. and BOULDER, Colo., Aug. 23 /PRNewswire/ -- Howard M. Dean, Chairman and Chief Executive Officer of Dean Foods Company (NYSE: DF), the country's number one dairy processor and distributor, and Steve Demos, CEO, President and Founder of White Wave, Inc., America's number one soyfoods company, jointly announced today Dean Foods will become a minority shareholder. The combination will help White Wave to support new product development and to expand marketing initiatives for new audiences. White Wave has annual sales of approximately $21 million. Its product line includes the successful Silk(TM) organic soymilk line, the first nationally distributed ...