Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
WWAV > SEC Filings for WWAV > Form 8-K on 3-Dec-2012All Recent SEC Filings

Show all filings for WHITEWAVE FOODS CO



Other Events, Financial Statements and Exhibits

Item 8.01. Other Events.

On December 3, 2012, Dean Foods Company, the parent company of The WhiteWave Foods Company (the "Company"), announced that it had entered into an agreement to sell the business of its wholly-owned subsidiary Morningstar Foods, LLC ("Morningstar"). In connection with the sale of Morningstar, the Company entered into an agreement (the "Agreement") to sell certain of its assets to Morningstar for $60 million, net of taxes. The Agreement provides for (1) the termination of the Company's option to purchase plant capacity and property in Frederick, Maryland from Morningstar; (2) a right of first refusal with respect to excess production capacity to the extent any such capacity becomes available at the Frederick facility; and (3) the sale to Morningstar of certain manufacturing equipment used to produce certain products for the Company at Morningstar's Sulphur Springs, Texas plant. In addition, the Company and Morningstar will modify certain terms of existing intercompany commercial agreements between the two companies, which modifications are not expected to have a material effect on the Company.

The Company intends to use the proceeds received to reduce Company debt.

The press release announcing the transaction is attached as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 The WhiteWave Foods Company Press Release dated December 3, 2012

  Add WWAV to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for WWAV - All Recent SEC Filings
Copyright © 2017 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.