Campbell Soup Company Recommends Shareholders Reject “Mini-Tender” Offer by Ponos Capital LLC
Campbell Soup Company (CPB)
Last campbell soup company earnings: 3/4 07:30 am
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US:NYSE Investor Relations:
investor.campbellsoupcompany.com
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Source: Business Wire
CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE:CPB) today announced that it received notice of an unsolicited "mini-tender" offer by Ponos Capital LLC (Ponos Capital) to purchase up to 5,952,381 shares of Campbell capital stock, which represents approximately 1.98% of the common shares outstanding, at a price of $42.00 per share in cash. Please be aware that shareholders are not required to respond to Ponos Capital’s offer. Campbell does not endorse Ponos Capital’s unsolicited mini-tender offer and recommends that Campbell shareholders do not tender their shares in the offer. Ponos Capital has included in the terms of its offer a condition that the closing price of Campbell’s shares on the New York Stock Exchange on the last trading day prior to the expiration of the offer must exceed the $42.00 offer price. As a result, unless Ponos Capital decides to waive this condition, Campbell sharehol
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CPB
Earnings
- 3/6/24 - Beat
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Sec Filings
- 4/16/24 - Form 8-K
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- CPB's page on the SEC website