United States | News & Politics

3193 readers

1264 users here now

Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

Post anything related to the United States.

founded 2 years ago

MODERATORS

simsymbiote@midwest.social

Type1@midwest.social

Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings (www.reuters.com)

submitted 1 month ago by cm0002@lemmy.world to c/usa@midwest.social

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Ascrod@midwest.social 2 points 1 month ago (1 children)

The investor fact sheet sourced for that line is over a decade old.

I can't say for sure how things have changed since then that could cause bankruptcy though... maybe people are preferring more products labled "natural" and "organic"?

[–] reddig33@lemmy.world 2 points 1 month ago

I read an MSN story that said they were bought by an outfit in the Philippines and then saddled with a bunch of debt. What a waste.