Del Monte Foods Company (NYSE:DLM) on Friday (9 February) issued the following statement in order to clarify language in an executive compensation plan that was filed as an exhibit to the Company’s quarterly report on Form 10-Q filed today:

“The Company is not currently exploring a sale, merger, or other change of control transaction. The Company regularly reviews its executive compensation programs in order to ensure that they are competitive with those of other companies in our industry.”

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