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Dean Foods says it's exploring 'strategic alternatives'

Staff report
Dean Foods says it's exploring 'strategic alternatives'

Dean Foods Co. (NYSE: DF) announced Tuesday that it is exploring strategic alternatives. "We are taking vital, transformative actions to maximize the benefits of our scale and position the company for the long term, including implementing an enterprise-wide cost productivity plan and investing in core capabilities, technology, infrastructure, people and systems," said CEO Ralph Scozzafava in a prepared statement. Scozzafava said that the review of strategic alternatives initiated by the board of directors is meant to help accelerate business transformation.