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Published on 6/15/2020 in the Prospect News Distressed Debt Daily.

Borden Dairy names winning bidder; sale hearing adjourned to May 18

By Caroline Salls

Pittsburgh, June 15 – Borden Dairy Co. named New Dairy Opco, LLC as the winning bidder for its assets, according to a notice filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The notice did not give the amount of the winning bid.

In addition, the company announced in a separate notice that the sale hearing has been adjourned to June 18 from June 15.

Borden is a Dallas-based dairy company. The company filed bankruptcy on Jan. 5 under Chapter 11 case number 20-10010.


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