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NY hedge fund considers splitting up Campbell Soup Co.

NY hedge fund considers splitting up Campbell Soup Co.

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Contingent on Third Point appointing a new board of directions for Campbell, the hedge fund outlined a plan to divide Campbell into a grocery division and a snacks division.

Snyder’s-Lance, which Campbell bought in late 2017 for $4.87 billion and which has York County operations, would appear to fall in the snacks arm of Campbell’s business. 

Read NJBIZ’s full report here.