Bumble Bee Foods

Canned tuna maker Bumble Bee Foods declared bankruptcy and quickly reached an agreement to sell its assets. Bumble Bee filed for Chapter 11 bankruptcy protection and reached an agreement to sell its assets to its largest creditor, Taiwan-based FCF Fishery, for $925 million, according to CNBC....

That must really sting. Bumble Bee Foods, LLC agreed to plead guilty and pay a $25 million criminal fine for conspiring to “fix, raise and maintain prices of packaged seafood” from 2011 to 2013, the U.S. Justice Department said Monday. The feds say the fine will increase to $81.5...