Bumble Bee Tuna

Canned tuna maker Bumble Bee Foods declared bankruptcy and quickly reached an agreement to sell its assets. Bumble Bee filed for Chapter 11 bankruptcy protection and reached an agreement to sell its assets to its largest creditor, Taiwan-based FCF Fishery, for $925 million, according to CNBC....

Hostess Brands, the maker of Twinkies, Ding Dongs and many other popular snack foods, begins Monday the long process of selling its assets at bankruptcy auction. The first potential bidders may be rival company Flowers Foods (NYSE: FLO) and the private equity firm C. Dean Metropoulos and Co.,...