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Del Monte Foods Files Chapter 11 Bankruptcy: Here's Why The Canned Foods Maker Struggled While Its Rivals Are Going Strong
Thursday, July 3, 2025 - 3:21am | 693Read More...Del Monte Foods, a 138-year-old titan in canned fruits and vegetables, filed for Chapter 11 bankruptcy on July 1 in the U.S. Bankruptcy Court for the District of New Jersey, aiming to restructure its finances and pursue a sale of its assets. What Happened: The company, known for brands like Del...
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Buyout of Del Monte Foods Company Investigated by Securities Lawyers at Goldfarb Branham LLP
Monday, November 29, 2010 - 11:08am | 181Read More...Goldfarb Branham LLP is investigating the proposed acquisition of Del Monte (NYSE: DLM) for company shareholders due to the proposed buyout for $19.00 per share by Kohlberg Kravis Roberts & Co., Vestar Capital Partners and Centerview Partners. Concerned Del Monte investors are urged to contact...
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Deutsche Bank Downgrades Del Monte Foods To Hold
Friday, November 26, 2010 - 10:29am | 168Read More...Deutsche Bank has published a research report on Del Monte Foods (NYSE: DLM) after the company announced its buyout by KKR & Co. (NYSE: KKR) Vestar, and Centerview for $19/share and has downgraded the company from Buy to Hold. In the report, Deutsche Bank writes "We aren't too surprised at the...
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Del Monte Bought Out by KKR
Friday, November 26, 2010 - 9:41am | 86Read More...KKR agreed to a $4M buyout of Del Monte yesterday according to the Wall Street Journal. WSJ writes, "KKR, Vestar Capital Partners and Centerview Partners offered $19 a share in cash for the San Francisco-based maker of pet foods and canned vegetables. The investors also would assume $1.3 billion in...
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Del Monte Soars After Acquisition Reports (DLM)
Friday, November 19, 2010 - 12:30pm | 36Read More...Private-equity firm KKR is looking to acquire Del Monte(NYSE: DLM) according to a Financial Times report. DLM shares have shot up over 10% today and are trading at $17.30.
