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Bankruptcy · United StatesDel Monte Foods, the 138-year-old company best known for its canned fruits and vegetables, has filed for bankruptcy and is looking for a buyer.Late Thursday, the company announced it was voluntarily entering Chapter 11 and is going through a sale process for all of its assets. Among the company’s product lines are a number of well-known kitchen staples, including College Inn broths and Contadina canned tomatoes, as well as its flagship Del Monte brand.See the Story
138-year old grocery store staple files for bankruptcy
64% Center coverage: 233 sources
Del Monte Files For Bankruptcy Protection: Why Is 139-Year-Old Canned Food Giant Facing Biz Pressure?
56% Right coverage: 9 sources
Reliance to Spin Off Consumer Goods Brands Ahead of Retail IPO
67% Left coverage: 3 sources