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Third Point Urges Campbell Shareholders to Vote for its Nominees

Channel NewsAsia

REUTERS: Activist investor Daniel Loeb's Third Point LLC on Friday urged Campbell Soup Co's shareholders to vote in favor of the hedge fund's nominees. Third Point, which has launched a proxy fight to replace the American food company's 12-member board, unveiled a slate of nominees last week. Advertisement Third Point owned a 5.65 percent stake in Campbell as of Sept. 6, according to Reuters data...

Mentions: Hedge Fund Proxy Fight stake