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Hedge Fund Third Point Calls for Sale of Campbell Soup

Home - The Globe and Mail

Billionaire investor Daniel Loeb and fellow Campbell Soup Co shareholder George Strawbridge on Thursday called for a sale of the iconic U.S. food company best known for its canned soups, according to a regulatory filing. The joint effort, first reported by Reuters earlier on Thursday, could prove difficult as descendants of former Campbells Soup Chairman John Dorrance own a combined stake of about 41 percent in the company...

Mentions: Hedge Fund acquisition Sale