29 Apr 2020 --- Following a bid to sell its assets to Dairy Farmers of America (DFA) earlier this month, Dean Foods is now floating the idea of an alternative merger of its business with Borden Dairy – another prominent milk player that also filed for bankruptcy in January. In filed court papers, bondholders at the two companies presented the solution to the US Bankruptcy Court in Houston. FoodIngredientsFirst has reached out to the respective parties for comment on these latest developments with Dean Foods confirming the closure of the DFA sale in the next few days.