Campbell Soup’s shareholder meeting to proceed as planned, judge says

//Campbell Soup’s shareholder meeting to proceed as planned, judge says

Campbell Soup’s shareholder meeting to proceed as planned, judge says

Campbell Soup Co.'s Nov. 29 annual shareholder meeting will proceed as planned. That's according to a New Jersey judge who denied activist investor Dan Loeb’s motion for expedited discovery into the soupmaker’s board Friday. Loeb ignited a proxy fight against Campbell Soup's (NYSE: CPB) current board through his hedge fund, Third Point LLC. He aims to replace Campbell’s entire 12-person board, but may not have enough support. Last month, Loeb decided to sue the food manufacturer with the…

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By | 2018-11-03T15:03:25+00:00 November 3rd, 2018|Economics|

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