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"Del Monte Foods, the 139-year-old canned goods giant, files for bankruptcy protection to restructure debts, secure a buyer, ...

Del Monte Foods files for Chapter 11 bankruptcy in New Jersey, citing debt and declining demand for canned goods. The 138-year-old brand begins court-supervised restructuring.

Changing consumer preferences for healthier choices, an inflation-driven switch to cheaper store brands, and increased costs for cans hurt the 139-year-old maker of canned fruits and vegetables.

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy ...