(AP) – Del Monte Foods is filing for bankruptcy protection. The 139-year-old California company is best known for its canned fruits and vegetables, which have seen sales slide as U.S. consumers seek out healthier and cheaper options. Del Monte said late Tuesday that the bankruptcy filing is part of a planned sale of the company’s assets. It has secured $912.5 million in debtor-in-possession financing that will allow it to operate normally during the sale process. Del Monte is owned by Singapore-based Del Monte Pacific. It also owns the Contadina, College Inn and Joyba bubble tea brands. (Photo: AP)