First State Bank of Barbossville? go bankrupt
At present, affected by the COVID-19 epidemic, the global financial market is in turmoil. In the past, the American stock market blew four times in ten days, but now a century-old bank in the United States is overwhelmed and declares bankruptcy. After the close of trading on April 3, local time, MVB Financial Company, a financial services company listed on NASDAQ, said in a statement that its wholly-owned subsidiary, MVB Bank, acquired the deposits and some assets of a bank in West Virginia, which was declared bankrupt by the regulatory agency (the Federal Deposit Insurance Corporation of the United States). ?
Dean Food Company went bankrupt.
According to the Financial Association, Dean Foods, the largest milk company in the United States, has reached a deal worth $425 million to sell its 44 milk factories to the American Dairy Farmers Association (DFA). The sale of the company's assets is supervised by the court. Due to the decline in milk consumption in the United States and the intensification of competition in the dairy market, Dean Food Company filed for bankruptcy. The transaction must be approved by the federal bankruptcy court, which oversees the sale of Dean's food assets, and the hearing is scheduled for March 12. Dean Foods can accept higher bids from 44 factories before April 13. ?
Bordendairico went bankrupt
A few months after Dean Foods went bankrupt, another dairy company in Dallas followed suit because of debt problems. Boden Dairy Co., Ltd., with a history of 163, filed for bankruptcy on June 5438+ 10 this year. Founded in 1857, the company is the first milk company to use glass bottles. Its 12 processing plant sells nearly 500 million gallons of milk every year.