Diary Farmers of America Agree to Buy Embattled Dallas-Based Dean Foods Fort $425 Million

DALLAS  (WBAP/KLIF News) – Embattled Dallas-based diary processor Dean Foods has found a buyer. Diary Farmers of America has agreed to buy the country’s largest milk producer for $425 million. In a statement, DFA said the two parties had been negotiating since it became aware of Dean’s plan to file voluntary Chapter 11 reorganization proceedings.…MORE

Pier 1 Imports Files For Bankruptcy

Pier 1 Imports Inc. — the once-trendy supplier of home goods like papasan chairs and throw pillows — filed for bankruptcy protection Monday after years of sliding sales. The Fort Worth, Texas-based company has been struggling with increased competition from budget-friendly online retailers like Wayfair and Amazon and discount stores like Home Goods. In a…MORE