Gregg Engles might be the worst CEO i have ever seen
The whole dividend debt debacle years ago which nearly destroyed the company. The consistent decline in the dairy business, several legal woes including the ongoing anti-trust case, now the WW spinoff clusterf**k.
DF will either go bankrupt or get sold off in chunks. I dont think there will be a buyer without WW anymore.
Well, Engles is just Chairman of the Board now. Gregg Tanner is the CEO. And meanwhile, per the cc, DF is working to get its debt to cash flow ratio down from 3 to 2, or thereabouts. 2 for this ratio is a modest number. If DF is successful, BK will be a pretty remote possibility, and DF can plug away as a going concern without the need for a buyer or any type of capital infusion JMHO :)