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freedom1493
Veteran Advisor

Borden Dairy Co. Goes Bankrupt

First Deans, now Borden Dairy Co. files for bankrupcy.

....due to excessive pension load and debt load. 

Coming across America to a theater near you.

https://www.bizjournals.com/dallas/news/2020/01/05/borden-chapter-11-bankruptcy.html

Their biggest unsecured creditor is their pension fund at $33,163,725.00.  

https://media.bizj.us/view/img/11571758/bordenfiling.pdf

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wrightcattle
Veteran Advisor

Dairy snake pit

 

Keeps on biting it seems. 

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