The Justice Department, in a letter to creditors last month, said a Dean-DFA deal appeared to threaten “serious risk of anticompetitive harm” to farmers and consumers. The letter, made public in court papers, said Dean and DFA would need to agree to remedies like divesting assets to address the concerns, or else face a potential lawsuit. The department indicated it was looking to move quickly because of Dean’s liquidity problems.
5 replies (most recent on top)
No one says you have to like it. I'm just saying it is what it is. Dean is DONE. Complaining at this point is like standing over a dying relative and complaining that the medics messed their hair up while giving them CPR. Pointless.
Sounds like our union rep just be glad you have s job snd take it up the ....
The deal is done. Just be thankful to have a job. A lot of people don't right now. We've known for two years the company was going down the tubes. It could have been a lot worse. They could have gone into chapter 7. And then we'd have nothing.
What a crock of sh–, the DOJ dropped the ball on this and what does DFA selling assets have to do to the competitive market? Wonder who gets those assets.
To be real, Walmart should be sticking to their vertical and not getting into production of goods.
That piece is old, the DOJ have already said today they are going to approve the sale based on DFA selling some other assets.