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Shareholder-Activist Urges Sale Of Campbell Soup

A shareholder has hired an investment banker to help convince family members who control Campbell Soup Co. to put the company up for sale, two sources familiar with the matter told the New York Post. The family members control about 41% of shares of the 149-year-old company. The struggling company said in May it would review all aspects of its strategic plan and portfolio composition and report the outcome by Aug. 30.

Read the whole story at New York Post »

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