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Dive Brief:
- Del Monte Foods filed for bankruptcy and is seeking a buyer for its 139-year-old business.
- The storied canned fruit and vegetable maker has “faced challenges intensified by a dynamic macroeconomic environment,” CEO Greg Longstreet said in a statement.
- A sale of the California-based company is “the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods,” Longstreet…

