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Campbell Soup’s Fate Hangs On Duel Between Founder’s Heirs And ‘interloper’ - The New York Times

by nytimes.com posted 4months ago 26 views
The hedge fund manager Daniel Loeb is pushing for the sale or restructuring of the Campbell Soup Company. : Daniel Loeb is happy to play the barbarian at the gate. He’s got the money, about $3.1 billion. He’s got the office, a sleek white space that is a quintessential hedge fund aerie, with art by Jean-Michel Basquiat, Jeff Koons and Andy Warhol. And in taking on the old-money family that owns more than 40 percent of Campbell Soup Company, he’s found the perfect foil for his new-money ambitions.

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