Dive Brief: Del Monte Foods has filed for bankruptcy and is actively seeking a buyer for its longstanding 139-year-old business, citing challenges in a rapidly changing economic landscape. CEO Greg Longstreet acknowledged the difficulties faced by the iconic canned fruit…
Tag:
bankruptcy
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Stoli Group USA and Kentucky Owl, the producers of Stoli vodka, recently filed for Chapter 11 bankruptcy protection in a Dallas federal court due to financial challenges exacerbated by a cyberattack earlier this year. In their legal filings, the companies…