There were times when it seemed like it wasn't going to happen, but after 12 months of discussions and negotiations, most of them with Federal Trade Commission, Nestle has suceeded in pulling off its $2.8 billion purchase of Dreyer's Grand Ice Cream.
Last month FDA took the first step toward updating the federal standards of identity for yogurt by publishing a three-year-old National Yogurt Assn. petition as a notice of proposed rulemaking.
An item in the June installment of Dairy Market Trends regarding the top 10 brands of low-fat and skim milk ranked HP Hood 10th with $44 million in sales for the 52-week period.
The Center for Science in the Public Interest, the independent, non-profit group, that has in the past lambasted popcorn and Chinese food, has its sights set on ice cream.
Two shareholders have filed two class action complaints alleging that the consideration to be paid to shareholders of Horizon Organic in connection with the proposed acquisition by Dean Foods of Horizon Organic is unfair.
FDA's new requirement that food labels will have to include nutritional information regarding trans fat content by January 1, 2006 should not have significant impact on dairy processors.