1. 'Change the Board': Hedge-Fund Billionaire Dan Loeb Lays out his Plan to Turn Around Campbell Soup

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    'Change the Board': Hedge-Fund Billionaire Dan Loeb Lays out his Plan to Turn Around Campbell Soup
    • Third Point Management, the hedge fund owned by the billionaire Dan Loeb, on Thursday laid out its plan to turn around Campbell Soup.
    • The soup maker has suffered through years of declining soup sales.
    • Third Point says the company's entire board should be replaced.

    Campbell Soup is rallying Thursday, up almost 2%, after Third Point, the hedge fund owned by the billionaire Dan Loeb, called on shareholders to replace the company's board of directors...

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    1. One of America's most iconic brands is being left behind by failed leaders who punished shareholders' loyalty.
    2. This was a disappointing quarter, driven by continued challenges in U.S. soup and Campbell Fresh.

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