Campbell shares soar on report Kraft is interested in buying the soup company

Campbell shares soar on report Kraft is interested in buying the soup company

Campbell Soup’s stock gained more than 9 percent Monday, following a report that Kraft Heinz is interested in buying the soup company. The story, which appeared in the New York Post, did not say whether Kraft Heinz had a hired a bank to explore such interest, a step that often precedes serious attempts at dealmaking. Campbell previously announced a strategic review in which it would leave “no sacred cows,” raising speculation the company could do…

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