Third Point Goes on Attack in Campbell Soup Battle

Dan Loeb’s firm is facing an uphill fight against the company, with 41 percent of the shares already committed to vote against Third Point’s slate.

(Jim R. Bounds/Bloomberg)

(Jim R. Bounds/Bloomberg)

Dan Loeb’s effort to unseat the entire board of directors at Campbell Soup Co., the packaged food company, is looking as tough as ever.

On Wednesday Campbell issued a statement saying that four of the Campbell founder’s heirs and other family members will vote their shares with the management slate at the company’s annual shareholder meeting on November 29.


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