Campbell, Third Point urge shareholders to vote for two different boards


(Reuters) – Campbell Soup Co (CPB.N) and hedge fund Third Point LLC on Friday filed preliminary proxy materials urging the food company’s shareholders to vote in favor of two entirely different slates of board nominees.

FILE PHOTO: Tins of Campbell’s tomato soup are seen on a supermarket shelf in Seattle, Washington, U.S. February 10, 2017. REUTERS/Chris Helgren/File Photo

Third Point, run by billionaire investor Daniel Loeb, launched a proxy fight last week to replace Campbell’s 12-member board. Loeb’s $18 billion hedge fund, which owns a 5.65 percent stake, said at the time that…



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