Discontented, Destitute Cows: Borden is Bankrupt

Discontented, Destitute Cows: Borden is Bankrupt

Borden, the 163-year-old American dairy company, faces bankrupcy. Actually, in 1994 Borden was sold to private equity firm KKR, which skimmed off various Borden units and sold them. So far, Borden’s reorganization plan does not include selling Elsie the Cow for dogfood.

More:

“Borden Dairy becomes second major milk producer to file for bankruptcy in two months,” Rachel Siegel, Washington Post

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