date:Dec 04, 2012
ry business to deliver continued value to our shareholders. As we work to complete this process, I am confident it will be a smooth transition.
As a result of this transaction, Dean Foods expects to realize $887 million in proceeds, net of taxes and expenses. The Company expects to use all net proceeds to retire outstanding term debt under its senior secured credit facility, significantly lowering its leverage and increasing its financial flexibility. Assuming a fourth quarter close, Dean Foods