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Published on 4/21/2020 in the Prospect News Distressed Debt Daily.

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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