1. Battle Between Campbell and Third Point Heats Up, No Concessions on the Table

    Battle Between Campbell and Third Point Heats Up, No Concessions on the Table

    Activist investor Daniel Loeb and Campbell Soup Co hardened their positions in the battle over the soup maker’s future on Thursday as the hedge fund manager tried to woo retail shareholders and the company’s interim chief executive told Reuters that Loeb had left no room for compromise...

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    1. Right now, I don't know exactly what we would talk about with Third Point if their position is either sell the entire company or replace the entire board.
    2. Those are two kind of dramatic actions; I'm not sure how to talk about that.
    3. We're interested in engaging with all shareholders.
    4. We are focused on the core issues at hand.
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