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Borden Dairy sees $3.71 million net loss for March 1 to March 28
By Caroline Salls
Pittsburgh, April 21 – Borden Dairy Co. reported a $3.71 million net loss for the period of March 1 through March 28 on $101.47 million in net revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The company had $15.86 million in unrestricted cash and equivalents as of March 28.
Borden is a Dallas-based dairy company. The company filed bankruptcy on Jan. 5 under Chapter 11 case number 20-10010.
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