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  • Spin-Off Alert: Dean Foods Stub Is A Cheap Pure-Play

    Published: March 07, 2013

    DFULWWAVKRKRFT

    Dean Foods (DF) is spinning off the remainder of White Wave (WWAV), its soy milk division, in the next few months. DF currently owns 86.7% of WWAV. If you subtract out the value of the WWAV business, the DF stub has an implied P/E of 7.43. Once the spin-off is complete, the Dean Foods milk busine...

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