Case Details

Year Initiated/Committed

1997

Year Resolved

1997

Settlement Amount

$30,000 att'ys fees

Court

200th Judicial District, Travis County, Texas

Docket Number

9710120

Lead State

TX

Participating States

TX

Defendant(s)

Mid-American Dairymen, Inc., Southern Foods Group, LP, Milk Products, L.L.C.

Case Description

In separate suits, the State of Texas and the Department of Justice sued to enjoin Mid-American’s acquisition of Borden Holdings and subsequent divestiture of Borden-Meadow Gold, Inc. to Milk Products, LLC, alleging that the proposed transactions would substantially lessen competition in the milk processing and distribution industry in Texas. Both Texas and Department of Justice entered consent decrees, allowing transactions to proceed with certain restrictions concerning financing and future corporate connections. The defendants paid the state $30,000 in attorneys fees.