Monday, 27 June 2005

Dean Foods Completes Spin-Off of TreeHouse Foods, Inc.

Back to all newsroom
Monday, 27 June 2005

DALLAS, June 27, 2005 /PRNewswire-FirstCall via COMTEX/ — Dean Foods Company (NYSE: DF)
today completed the spin-off of its majority-owned subsidiary TreeHouse Foods,
Inc. as an independent, publicly traded company. Immediately prior to the
spin-off, Dean Foods transferred to TreeHouse the business currently conducted
by its Specialty Foods Group segment in addition to its Mocha Mix(R), Second
Nature(R) and foodservice salad dressings businesses. The spin-off was
effective as of 5:00 p.m., New York City time, on June 27, 2005.

Under the terms of the transaction, Dean Foods distributed to the holders
of Dean Foods common stock one share of TreeHouse common stock for every five
shares of Dean Foods common stock outstanding on June 20, 2005, the record
date for the distribution. An information statement describing the new
company, the procedures by which the distribution was effected and the risks
of holding TreeHouse common stock was mailed to Dean Foods stockholders on or
about June 20, 2005. A copy of the information statement is included with the
registration statement on Form 10, as amended, filed by TreeHouse with the
Securities and Exchange Commission in connection with the transaction and
available at the Commission’s website at http://www.sec.gov .

Holders of Dean Foods common stock on the record date will receive an
account statement showing their ownership in TreeHouse, which initially will
be in book-entry form. The account statement will include information about
how to request a physical stock certificate. Stockholders who hold their
shares through brokers or other nominees will have their shares of TreeHouse
common stock credited to their accounts by their nominees or brokers.

“Regular way” trading for Dean Foods common stock, without the right to
receive TreeHouse shares in the distribution, will begin on June 28, 2005 on
the New York Stock Exchange under the symbol “DF.” “Regular way” trading for
TreeHouse also will begin on June 28, 2005 on the New York Stock Exchange
under the symbol “THS.”

After the spin-off, the tax basis of outstanding Dean Foods shares will be
allocated between the Dean Foods shares and the TreeHouse shares received in
proportion to their relative fair market values. Dean Foods will provide
shareholders who are U.S. taxpayers with information to enable them to compute
their tax basis in their Dean Foods and TreeHouse shares, and with other
information necessary to report their receipt of TreeHouse common stock on
their 2005 federal income tax returns as tax-free.

Stockholders with inquiries should contact:

     Dean Foods Company
     2515 McKinney Avenue, Suite 1200
     Dallas, TX 75201
     Attention: Investor Relations
     (214) 303-3400

     Contact:  Barry Sievert
               Senior Director, Investor Relations
               (214) 303-3437

SOURCE Dean Foods Company

Barry Sievert, Senior Director, Investor Relations of Dean Foods Company,
+1-214-303-3437

http://www.prnewswire.com

All the latest from Dean Foods

familyofproducts

Latest news

In May 2020, Dairy Farmers of America (DFA) acquired a substantial portion of Dean Foods' assets. As a family farmer-owned and governed cooperative, no one has a greater interest in preserving and expanding milk markets than DFA.

6 May, 2020
Dean Foods Completes Sale of its Miami, Florida Facility to Mana Saves McArthur, LLC
DALLAS--(BUSINESS WIRE)--Dean Foods today announced that it has completed the previously announced s...
learn-more
1 May, 2020
Dean Foods Completes Sale of Assets to Dairy Farmers of America
DALLAS--( BUSINESS WIRE )--Dean Foods Company ("Dean Foods" or the "Company") today announced that i...
learn-more
30 April, 2020
Dean Foods Completes Sales of its Uncle Matt’s Business and the Majority of the Meadow Gold Hawaii...
DALLAS--(BUSINESS WIRE)--Dean Foods ("Dean Foods" or the "Company") today announced that it has comp...
learn-more
22 April, 2020
Dean Foods Announces Asset Purchase Agreement with MGD Acquisition, LLC for the Sale of the Majority...
MGD Acquisition to Operate Meadow Gold Hawaii as an Ongoing Business to Continue Serving the Hawaiia...
learn-more
13 April, 2020
Dean Foods Announces Termination of Agreement in Principle with Industrial Realty Group, LLC for the...
Reached Agreement in Principle with an Interested Party for the Sale of Dean Foods’ Hilo Facility ...
learn-more
4 April, 2020
Dean Foods Receives Court Approval for the Sale of Substantially All of Its Assets
DALLAS--(BUSINESS WIRE)--Dean Foods Company ("Dean Foods" or the "Company") today announced that the...
learn-more
1 April, 2020
Dean Foods Reaches Agreement in Principle With Industrial Realty Group, LLC for the Sale of Dean Foo...
DALLAS--(BUSINESS WIRE)--Dean Foods Company ("Dean Foods" or the "Company") today announced that it ...
learn-more
31 March, 2020
Dean Foods Announces Dairy Farmers of America as Winning Bidder for Substantially All of Its Assets
Prairie Farms Dairy, Mana Saves McArthur, LLC, Producers Dairy Foods and Harmoni, Inc. to Purchase A...
learn-more
17 February, 2020
Dean Foods Enters Into Asset Purchase Agreement with Dairy Farmers of America
Dairy Farmers of America to Serve as Proposed “Stalking Horse Bidder” in a Court-Supervised Sale...
learn-more
20 December, 2019
Dean Foods Receives Final Court Approval for $850 Million in Debtor-In-Possession Financing
DALLAS --(BUSINESS WIRE)--Dec. 20, 2019-- Dean Foods Company (NYSE: DF) (“Dean Foods” or the “...
learn-more
14 November, 2019
Dean Foods Company Receives Court Approval of “First Day” Motions to Support Normal Busi...
Obtains Interim Approval to Access DIP Financing Customers Receiving Uninterrupted Supply of Dairy P...
learn-more
12 November, 2019
Dean Foods Company Initiates Voluntary Reorganization with New Financial Support from Existing Lende...
Company Secures Commitments for $850 Million in DIP Financing to Support Operations In Advanced Disc...
learn-more
25 October, 2019
Dean Foods Company Announces Date for Third Quarter 2019 Earnings Release and Conference Call
DALLAS , Oct. 25, 2019 /PRNewswire/ --  Dean Foods Company (NYSE: DF) today announced that it will ...
learn-more
6 September, 2019
Dean Foods Concludes Strategic Alternatives Review; Focuses on Go-Forward Strategy Under New Leaders...
DALLAS , Sept. 6, 2019 /PRNewswire/ --  Dean Foods Company (NYSE: DF) (" Dean Foods " or the "Compa...
learn-more
6 August, 2019
Dean Foods Announces Second Quarter 2019 Results
DALLAS , Aug. 6, 2019 /PRNewswire/ -- Dean Foods Company (NYSE: DF) today reported second quarter 20...
learn-more
26 July, 2019
Dean Foods Appoints Eric Beringause as President and CEO
Industry Veteran Brings More Than Three Decades of Experience in Food, Beverage and Consumer Product...
learn-more
View the newsroom

We’re proud to support national organizations that are nourishing children, promoting animal welfare, and helping in times of disaster.

White papers
farm