Editor's note: The following video incorrectly states that shares of Dean Foods have doubled year to date. Shares have more than doubled over the past 12 months.
In the following video, Brenton and Austin discuss some big news in the organic-foods arena. We all know that the organic-food craze has caught on with the general public, but the industry's stock-price performance also has investors clammoring for more opportunities. Those demands were met today when, in addition to reporting blowout quarterly results, Dean Foods announced that it's spinning off a division of the company containing Silk soy milk and Horizon organic milk brands, among others. The stock soared as a result, closing the day 40% higher. While the amount of the spinoff isn't finalized yet, the company's looking to raise around $300 million through a public offering, an amount it will use to clean up its balance sheet as it focuses on its non-organic business lines.
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