News Summary November 22, 2019
Today's Main Story: Bumble Bee Files for Bankruptcy With $925 Million Offer From Taiwan's FCF
Bumble Bee Foods filed for bankruptcy on Thursday, with an agreement to sell it assets to Taiwan-based FCF Fishery Co. for a price tag of $925 million. Bumble Bee’s London-based owner Lion Capital said the chapter 11 process will help facilitate the sale to FCF as well as reduce its debt burden caused by recent and significant legal challenges...
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