Tuna on the Hook: Bumble Bee Foods Files for Bankruptcy
One of the nation's best-known tuna brands has filed for bankruptcy. San Diego-based Bumble Bee Foods filed for Chapter 11 bankruptcy protection in Delaware Thursday and announced it has agreed to sell the company's assets to Taiwan-based FCF Co. Ltd. for $925 million. “It’s been a challenging time for our company but today’s actions allow us to move forward with minimal disruption to our day-to-day operations,” Jan Tharp, Bumble Bee president […]
