UPDATE 3-WhiteWave receives lukewarm reception from investors
Published: Friday, 26 Oct 2012 | 8:51 PM ET
By: Martinne Geller and Olivia Oran
Shares of Dean Foods Co spin-off closed at $16.75 after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.