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Del Monte Foods Files Chapter 11 Bankruptcy: Here's Why The Canned Foods Maker Struggled While Its Rivals Are Going Strong
Thursday, July 3, 2025 - 3:21am | 693Del Monte Foods, a 138-year-old titan in canned fruits and vegetables, filed for Chapter 11 bankruptcy on July 1 in the U.S. Bankruptcy Court for the District of New Jersey, aiming to restructure its finances and pursue a sale of its assets. What Happened: The company, known for brands like Del...