Proxy Fight Looms as New Investors Ramp Up Pressure on Campbell Soup

(Reuters) The family that controls Campbell Soup Co (CPB.N) looks to be on a collision course this week with new hedge fund investors pushing for the company to sell itself, heralding a potential proxy fight industry analysts have labeled the “fight of the fall.” The soup and snack company is set to report the results of a strategic review on Thursday, but has shown no sign that it will put itself on the block, as recommended by activist investor Daniel Loeb’s Third Point LLC earlier this month.

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