The Wall Street Journal: Hedge fund sues Campbell Soup over ‘misinformation’ in proxy fight [MarketWatch]
The Campbell's Company (CPB)
Last the campbell's company earnings: 3/4 07:30 am
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Source: MarketWatch
Hedge fund sues Campbell Soup over ‘misinformation’ in proxy fight Third Point LLC sued Campbell Soup Co. and its board of directors Thursday, alleging the food maker distributed misleading and incomplete information to win shareholders’ support in a heated proxy fight over control of the company. Daniel Loeb’s Third Point is aiming to replace Campbell’s CSC, +6.04% entire 12-person board, but it faces an uphill battle. Three descendants of the creator of condensed soup, who collectively control about 37% of the company’s shares and sit on its board, pledged last week to support Campbell. Third Point is allied with another descendant, George Strawbridge Jr., and together they own a roughly 10% stake. With its suit, filed Thursday in the Superior Court of New Jersey, Third Point seeks to stop the company from holding a Nov. 29 shareholder vote without releasing more information. An expanded version of this report appears on wsj.com. Most popular stories on wsj.com: Explosive de
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High impacting The Campbell's Company news events
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CPB
News
- Campbell's (NASDAQ:CPB) was given a new $30.00 price target on by analysts at Morgan Stanley.MarketBeat
- Campbell's (NASDAQ:CPB) had its "sell" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- CPB Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Campbell’s Co.Business Wire
- Lawsuit claims Campbell's exec mocked 'poor people' who buy its food [USA TODAY]USA TODAY
- A Campbell Soup VP is on leave after secret recording appears to show him mocking 'poor' customers, '3D-printed chicken' [Business Insider]Business Insider
CPB
Earnings
- 9/3/25 - Beat
CPB
Sec Filings
- 12/2/25 - Form 4
- 11/19/25 - Form 8-K
- 11/3/25 - Form 4
- CPB's page on the SEC website