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In reply to the discussion: Golden Guernsey in Waukesha suddenly closes [View all]WIDairyman
(3 posts)In March, 2011, Dean Foods was ordered to sell its milk processing plant in Waukesha, which settles a federal antitrust lawsuit that fought the companys 2009 purchase of the plant from Foremost Farms USA because it controlled nearly 60 percent of milk sales.
The Federal DOJ lawsuit challenging the purchase was based on Federal antitrust laws that claimed the purchase prevented retailers and school districts from benefiting from competition between the two companies, according to the release. Illinois, Michigan and Wisconsin DOJ's joined the lawsuit to protect their consumers' interest. The Federal government should have known that Open Gate Capital has a history of buying a company only to close it within a year. They bought it in September, 2011 from a Federal Court appointed trustee. The uncertainty of the Federal Farm bill "broke the camel's back".