Dean Foods (DF) announces it sold its Morningstar Foods division to Saputo for $1.45B. After...

|About: Dean Foods Company (DF)|By:, SA News Editor

Dean Foods (DF) announces it sold its Morningstar Foods division to Saputo for $1.45B. After netting out taxes and expenses, the company expects to realize $887M in proceeds which will all go toward retiring outstanding debt. DF +6% premarket.