140-year-old Del Monte files for bankruptcy, searching for buyer
(KNWA) — Canned fruits and vegetables producer Del Monte has filed for bankruptcy and is seeking a buyer, it announced on Monday.
The nearly 140-year-old company said in a news release that it is entering Chapter 11 proceedings as part of a restructuring support agreement with its lenders.
Del Monte President and CEO Greg Longstreet said in a statement that filing for bankruptcy is a........
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