21.12.2003: Meldung: Horizon Organic Holding Corp.: Stockholders Approve Acquisition

Horizon Organic Holding Corporation Stockholders Approve Acquisition by Dean Foods Company
Thursday December 18, 12:48 pm ET

BOULDER, Colo., Dec. 18 -- Horizon Organic Holding Corporation (Nasdaq: HCOW - News), which markets the leading brand of certified organic foods in the United States, announced today that its stockholders approved the pending acquisition by Dean Foods Company. At a special meeting held today, Horizon Organic"s stockholders voted on a proposal to approve and adopt the Agreement and Plan of Merger that the Company had entered into with Dean Foods on June 30, 2003. The proposal was approved by the required number of votes.

"We are happy to have stockholder approval for the acquisition and, having already received regulatory approval, we are preparing to close this transaction in early January 2004," said Chuck Marcy, President and Chief Executive Officer of Horizon Organic.

Horizon Organic markets the leading brand of certified organic foods in the U.S. and the leading brand of organic milk in both the U.S. and U.K. In the U.S. its products include organic milk, a full-line of organic dairy products, organic eggs and juices. In the U.K., the Company markets organic yogurt, milk and butter under the Rachel"s Organic brand. For more information, please visit the Company"s web site at www.horizonorganic.com.

Source: Horizon Organic Holding Corporation
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