AGRILINK SET TO ACQUIRE DEAN VEGETABLE OPERATIONS

FRANKLIN PARK, Ill. -- Dean Foods Co. here and Agrilink Foods Inc., Rochester, N.Y., have reached a definitive agreement by which Agrilink would acquire Dean's vegetable operations, which include the frozen Birds Eye brand.The price would be approximately $400 million in cash plus Agrilink's aseptic foods business, which would be folded into Dean's Specialty business segment. The transaction, subject

FRANKLIN PARK, Ill. -- Dean Foods Co. here and Agrilink Foods Inc., Rochester, N.Y., have reached a definitive agreement by which Agrilink would acquire Dean's vegetable operations, which include the frozen Birds Eye brand.

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