Request denied for approval to sell dairy company under Commission order

No. 365. Request denied for approval to sell dairy company under Commission order.

The Commission rendered an advisory opinion denying a request of a medium-sized dairy company for blanket approval to sell to any company under a Commission order. The company was the largest independent dairy company in its large marketing area, had the largest sales volume of dairy products in the area, had sales in excess of $5 million, was profitable no other hardships were demonstrated, and efforts to sell to companies not under order had not been adequately explored. The Commission advised that it cannot give blanket approval to sell the company in question to any company under Commission order. It further advised that the denial of such request is without prejudice to the submission to the Commission by any company under order of a request to purchase such dairy. In such event, any such submission will be duly considered by the Commission, and it wil then decide upon the basis of the facts then presented. Released September 24 1969)