Dean Foods Co. (fka DFODQ)

[TuMaRu]

Can't say if DFA will bid more than 200-300M for Deans' assets, or they'll be forced to swallow the pill and buy the entire company by the lenders, DOJ, etc. They are already owed 175M in receivables so if the bid is 325M lets say, that is a total of 500M for them due to having to forgive the A/R. I doubt anyone else has bid on Deans but let's see. That 325M will obviously be a low bid, Deans is asking for as much as 20M per plant. And even when combined with remaining DIP of 700M after 2 months of BK, still barely enough to partially pay off the notes and some trade vendors. Pension plans will be gutted by the court and PBGC. what does that leave for equity?? No idea maybe a price rise between $3-$5 depending on what else the street knows.